Sales-related transactions Sayers Co. apld merchandise on account to a customer for $89,000 terms 1/10, nv/30. The cost of the goods sold was $59,000 a. Journalize Sayers' entries to record the sale. Accounts Receivable 88,110 Sales 88,110 Cost of Goods Sold 59,000 Inventoy 59,000 b. Journalize the receipt of payment within the discount period. e. Journalize the entry to record the receipt of paymest beyond the discount period of ten days