Sales-related transactions, including the use of credit cards Dournalize the entries for the following transactions:...
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Accounting
Sales-related transactions, including the use of credit cards Dournalize the entries for the following transactions: (If an amount box does not require an entry, leave it blank.) a. Sold merchandise for cash, $21,200. The cost of the goods sold was $12,720. (Record the saie first.) b. Sold merchandise on account, $13,140. The cost of the goods sold was $7,880. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $116,410. The cost of the goods sold was $69,850. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $116,410. The cost of the goods sold was $69,850. (Reccord the sale first) d. Sold merchandise to customers who used American Express, 545,370. The cost of the goods sold was $27,220. (Record the sale first.)


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