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ar Using the perpetual inventory system, journalize the entries for the following selected transactions: a....

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Accounting

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ar Using the perpetual inventory system, journalize the entries for the following selected transactions: a. Sold merchandise on account for $12,000, terms 1/30. The cost of the goods sold was $6,500. b. Sold merchandise to customers who used MasterCard and VISA, $9,500. The cost of the goods sold was $5,300. C. Sold merchandise to customers who used American Express, $2,900. The cost of the goods sold was $1,700. d. Paid an invoice from First National Bank for $385, representing a service fee for processing MasterCard and VISA sales. e. Paid an invoice from American Express for $75 fee. If an amount box does not require an entry, leave it blank. 1 l III 1 1 1 Check My Work 1 more Check My Work uses remaining. All work saved. Email Instruct T EADLI encakuassignmentMain.dohnvoker=&takeAssignmentSessionLocator=&inprogress-false Calculator Pulun NVOICE TOMANencin express Tur 7 Tue If an amount box does not require an entry, leave it blank. W 00 II II II II II II II 11 Check My Work 1 more Check My Work uses remaining All work saved

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