c. Sold merchandise to customers who used MasterCard and VISA, $109,440. The cost of the goods...

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c. Sold merchandise to customers who used MasterCard and VISA, $109,440. The cost of the goods sold was $65,660. (Record the sale first.) d. Sold merchandise to customers who used American Express, $31,630. The cost of the goods sold was $18,980. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $109,440. The cost of the goods sold was $65,660. (Record the sale first.) d. Sold merchandise to customers who used American Express, $31,630. The cost of the goods sold was $18,980. (Record the sale first.)

Answer rating: 100% (QA)

To record the sale and cost of goods sold for each transaction we need to make entries in the accoun... View the full answer