Prepare journal entries for each transaction listed below. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. Sales on account were $920 and related cost of goods sold was $510. b. Issued 7,000 shares of $1 par value stock for $55,000 cash. Journal entry worksheet rvoce: Enver debits berore credits. Prepare journal entries for each transaction listed below. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. Sales on account were $920 and related cost of goods sold was $510. b. issued 7,000 shares of $1 par value stock for $55,000 cash. Journal entry worksheet Record the cost of goods sold of $510 related to the sales. Note: Enter debits before credits. Prepare journal entries for each transaction listed below. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. Sales on account were $920 and related cost of goods sold was $510. b. Issued 7,000 shares of $1 par value stock for $55,000 cash. Journal entry worksheet Issued 7,000 shares of $1 par value stock for $55,000 cash. Note: Enter debits before credits