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journal entries Mayfair Cocompleted the following transactions and uses a perpetual inventory system Skipped June 4 Sold $800 of merchandise on credit (that had cost
journal entries
Mayfair Cocompleted the following transactions and uses a perpetual inventory system Skipped June 4 Sold $800 of merchandise on credit (that had cost $320) to Natara Morris, terns / 5 Sold $7,200 of merchandise (that had cost $2,880) to customers who used their Zisords. Zisa 5.5% fee. 6 Sold $5,916 of merchandise (that had cost $2,366) to customers who used their Access Cards. Access charges a 4.5% fee. 8 Sold $4,348 of merchandise (that had cost $1,736) to customers who used their Access cards. Access charges a 4.5% fee 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $551 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. Book Require Prepare journal entries to record the preceding transactions and events (Do not round intermediate calculations.) View transaction list Journal entry worksheet 10 9 > 2 1 3 5 6 7 8 4 Sold $800 of merchandise on credit to Natara Morris, terms n/15 Prev 1 of 1 Next > Me Graw Hill ENG Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) View transaction list Journal entry worksheet 4 6 3 5 1 9 10 2 3 5 6 7 8 RRRRR Record cost of goods sold, $2,880. Note: Enter debits before credits. General Journal Debit Credit Date June 05 Journal entry worksheet > 2 2 3 4 5 7 8 9 10 Go Record cost of goods sold, $2,366. Note: Enter debits before credits. Date General Journal Debit Credit June 06 Journal entry worksheet 8 > 9 10 6 1 2 3 4 5 G Sold $4,340 of merchandise to customers who used their Access cards. Access charges a 4.5% fee. Note: Enter debits before credits. General Journal Debit Credit Date June 08 Journal entry worksheet 10 > 8 Step by Step Solution
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