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Mary Co. completed the following transactions and uses a perpetual inventory system. June 4 Sold $500 of merchandise on credit (that had cost $200) to

Mary Co. completed the following transactions and uses a perpetual inventory system.

June 4 Sold $500 of merchandise on credit (that had cost $200) to Natara Morris, terms n/15.
5 Sold $8,000 of merchandise (that had cost $3,200) to customers who used their Zisa cards. Zisa charges a 4.0% fee.
6 Sold $5,624 of merchandise (that had cost $2,250) to customers who used their Access cards. Access charges a 3.0% fee.
8 Sold $4,640 of merchandise (that had cost $1,856) to customers who used their Access cards. Access charges a 3.0% fee.
13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $588 balance in McKees account was from a credit sale last year.
18 Received Morriss 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.)

Date

General Journal

Debit Credit
June 04
June 04
June 05
June 05
June 06
June 06
June 08
June 08
June 13
June 18

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