Mayfair 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 5.5% service charge for sales on its credit card. Access deducts a 4.5% service charge for sales on its card. Mayfair completes the following transactions in June. 4 Sold $700 of merchandise on credit (that had cost $350) to Natara Morris 5 Sold $7,100 of merchandise (that had cost $3,550) to customers who used their Zisa cards 6 Sold $6,194 of merchandise (that had cost $3,097) to customers who used their Access cards June 8 Sold $4,910 of merchandise (that had cost $2,455) to customers who used their Access cards. 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $729 balance in McKee's account stemmed from 18 Received Morris's check in full payment for the purchase of June 4 credit sale in October of last year. a Required: Prepare journal entries to record the preceding transactions and events. (The company uses the perpetual inventory system.) (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet Answer is not complete. No Date General Journal Debit Credit 1 June 04 Accounts receivable-N. Morris 700 700 Sales Cost of goods sold 2 June 04 350 Merchandise inventory 350 Cash 3 June 05 6,709 Credit card expense 391 Sales 7,100 3,550 4 June 05 Cost of goods sold Merchandise inventory 3,550 Accounts receivable-Access 5 June 06 5,915 Credit card expense 279 Sales 6,194 Cost of goods sold 3,097 6 June 06 Merchandise inventory 3,097 4,689 7 June 08 Accounts receivable-Access Credit card expense 221 Sales 4,910 Cost of goods sold 8 June 08 2,455 Merchandise inventory 2,455 Allowance for doubtful accounts 9 June 13 729 Accounts receivable-A. McKee 729 10 June 18 Cash 686 Sales discounts 14 Accounts receivable-N. Morris 700 CC