Atlas Co. allows select customers to make purchases on credit. Its other customers can use either of two credit cards: Zisa or Access. Zisa deducts a 3% service charge for sales on its credit card, and credits the bank account of Atlas immediately when credit card receipts are deposited. Atlas deposits the Zisa credit card receipts each business day. When customers use Access credit cards, Atlas accumulates the receipts for several days before submitting them to Access for payment. Access deducts a 2% service charge and usually pays within one week of being billed. Atlas completes the following transactions inJune. (The terms of all credit sales are 2/15, n/30, and all sales are recorded at the gross price.)

June 4th Sold $750 of merchandise (that had cost $500) on credit to Anne Cianci.

5th Sold $5900 of merchandise (that had cost $3200) to customers who used their Zisa cards.

6thSold $4800 of merchandise (that had coast $2800) to customers who used their Access cards.

8thSold $3200 of merchandise (that had cost $1900) to customers who used their Access cards.

10thSubmitted Access card receipts accumulated since June 6th to the credit card co. for payment.

13thWrote off the account of Nakia Wells against the Allowance for Doubtful Accounts. The $329 balance in Wells account stemmed from a credit card sale in October of last year.

17th Received the amount due from Access

18th Received Cianci check in full payment for the purchase on June 4th.

Prepare journal entries to record the preceding transactions and events. (The Co. uses the Perpetual Inventory system.