5.Using the perpetual inventory system, journalize the entries for the following selected transactions: (a) Sold merchandise on account, for $10,000. The cost of the merchandise sold was (b) Sold merchandise to customers who used MasterCard and VISA, $8,500. The cost (c) Sold merchandise to customers who used American Express, $3,500. The cost of (d) Paid an invoice from First National Bank for $255, representing a service fee for (e) Received $3,325 from American Express Company after a $175 collection fee had $4,500. of the merchandise sold was $4,100. the merchandise sold was $1,600. processing MasterCard and VISA sales been deducted