wed as nonbarik credic cards used by its customers) A. Sold merchandise for cash, $25,000. The cost of the goods sold was $17,500 A. Sold merthandise on account $98,000. The cost of the goods sold was $58,800 C. Sold merchandrse to cubtomers who used MasterCard and VISA, \$475,000. The cost of the goods sold was $280,000 D. Sold merchandse to custorners who used American Express, $63,000. The cost of the goods sold was $39,000 E. Ricceved an impice from National Clearing House Credit Co for 513,450 , representing a service fee paid for processing MasterCard, VisA. and American Express sales ant of Accounts CHART OF ACCOUNTS General Ledger ASSETS 110 Cash 120 Accounts Receivable 125 Notes Receivable 130 inventory 131 Estimated Retums Inventory 140 Office Supplies 141 Store Supplies 14. Prenaid Insurance Revenue 480 Sahes 610 Rent Revenue Expenses 510 Cost of Geods Sold 521 Delivery Expense 522 Advertising Expense 524 Deoreciation Exwense-Store Equioment intructions Joumailze the entries for the transschions on Decomber 31. Refer to the Chavt of Accounts for exact warding of account hiles