Journalize the sales transactions. explanations are not required. (record debits first, then credits. exclude explanations from journal entries.) jul. 1: salem sold $ 20 comma 000 of men's sportswear for cash. cost of goods sold is $ 10 comma 000. begin by preparing the entry to journalize the sale portion of the transaction. do not record the expense related to the sale. we will do that in the following step.