I have a question for 2 separate transactions that relate to each other to see if I'm doing it right:

1. The first transaction was a cash sale make for 500

I did: Db. Cash then Cr. Sales


2. and this is the confusing part I stumbled upon; the transaction was:
Purchase merchandise on account for 42737 and 2737 were used to generate sales

I did: Db. Merchandise Inventory 42737
Cr. Accounts Payable 42737
Db. Cash 2737
Cr. Sales 2737
Db. COGS 2737
Cr. Merchandise Inventory 2737


Is this correct? Even though the first transaction did not state any sales of merchandise? Or do I have to use another account? Thanks

The question did not tell you the value of the sale therefore
Db. Cash 2737 Cr. Sales 2737
is a figment of your imagination

The question did not tell you the value of the sale therefore
Db. Cash 2737 Cr. Sales 2737
is a figment of your imagination

Wait so what I wrote was not correct or no?

No there is no data supporting that transaction