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accounting class Sold $600 of merchandise on credit to Natara Morris, terms n,'15. Record cost of goods sold, $240. Sold $9,700 of merchandise to customers

accounting class

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Sold $600 of merchandise on credit to Natara Morris, terms n,'15. Record cost of goods sold, $240. Sold $9,700 of merchandise to customers who used their Zisa cards. Zisa charges a 4.5% fee. Record cost of goods sold, $3,880. Sold $5,875 of merchandise to customers who used their Access cards. Access charges a 3.5% fee. Record cost of goods sold, $2,350. 7 10 Sold $4,340 of merchandise to customers who used their Access cards. Access charges a 3.5% fee. Record cost of goods sold, $1,736. Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $360 balance in HcKee's account was from a credit sale last year. Received Morris's check in full payment for the June 4 purchase. Mayfair Co. completed the following transactions and uses a perpetual inventory system. June 4 Sold $600 of merchandise on credit (that had cost $240) to Natara Morris, terms n/15. 5 Sold $9,700 of merchandise (that had cost $3,880) to customers who used their Zisa cards. Zisa charges a 4.5% fee. 6 Sold $5,876 of merchandise (that had cost $2, 350) to customers who used their Access cards. Access charges a 3.5% fee. 8 Sold $4,340 of merchandise (that had cost $1, 736) to customers who used their Access cards. Access charges a 3.5% fee. 13 Wrote off the account of Abigail Mckee against the Allowance for Doubtful Accounts. The $360 balance in Mckee's account was from a credit sale last year. 18 Received Morris's check in full payment for the June 4 purchase. Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) View transaction list Journal entry worksheet 2 5 6 7 8 9 10 Sold $600 of merchandise on credit to Natara Morris, terms n/15. Note: Enter debits before credits. Date General Journal Debit Credit June 04 Record entry Clear entry View general journal

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