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Journal entries to record sales are entered into the general journal weekly.  On February 8, week 1 sales were recorded.  Week one sales were $3,500.  Of this amount, $1,500 was in cash, the remainder on credit.  Cost of chocolate sold was $1,500.  The inventory account is updated at the same time sales are recorded.  On February 10 Charles paid $500 to the Green Mountain Chocolate Factory for the chocolate received on February 1.