Course Contents PROBLEM #8 [FINANCIAL ACCOUNTING] transaction 5 ) Timer Evaluate Feedback-Print Info Notes Transaction5 Sales were $74,000. Cost of merchandise sold was 60% of its sales price. 25% of the sales were for cash. [Note: Record the complete entry for the sales first and the complete entry for the expenses second] Account: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Account: Account: Account: Account: Account Tries 0/5 Submit Answer Threaded View Chronological View Other Views Export My general preferences on what is marked as NEW Mark NEW posts no longer new Cash Accounts Receivable Inventory Prepaid Rent Fixtures and Equipment Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in Capital Retained Earnings Leave Blank