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tSessionLocator assignment-take&inprogress talse Sales-related transactions, including the use of credit cards Chart of Accounts ournal Instructions Journalize the entries for the following transactions Refer to

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tSessionLocator assignment-take&inprogress talse Sales-related transactions, including the use of credit cards Chart of Accounts ournal Instructions Journalize the entries for the following transactions Refer to the Chart of Accounts for exact wording of accournt tles (Note The company uses a clearinghouse to take care of al bank as well as non-bank crede cards used by its customers) A Sold merchandise for cash, $34,900 The cost of the goods sold was $24,081. B Sold merchandise on account, $267,200 The cost of the merchandise sold was $184,368 C. Sold merchandise to customers who used MasterCard and VISA, $166.200 The cost of the merchandise sold was $114,678 merchandise sold was $47,403 service fee paid for processing MasterCard, VISA and American Express sales D Sold merchandise to customers who used American Express, $68,700 The cost of the E Received and paid an invoice ftom National Clearing House Credit Co for $7.840, 8 0

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