Mayfair Co. completed the following transactions and uses a perpetual inventory system. June 4 Sold $700 of merchandise on credit (that had cost $350) to Natara Morris, terma n/15. 5 Sold $6,500 of merchandise (that had cost $3,250) to customers who used their lisa cards. Zisa charges a 4.00 6 sola $5,692 of merchandise (that had cost $2,846) to customers who used their access cards. Access charges 3.0 fee. 8 sold $4,730 of merchandise (that had cost $2,365) to customers who used their access cards. Access charges a 3.00 fee. 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $572 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 1 2 3 4 5 6 7 B 9 10 > Sold $700 of merchandise on credit to Natara Morris, terms /15. Note Enter debits before credits Date General Journal Debit Credit June 04 Prey 1 of 1 ! Next Required: Prepare journal entries to record the preceding transactions and even View transaction list X 1 Sold $700 of merchandise on credit to Natara Morris, terms n/15. 2 Record cost of goods sold, $350. 3 Sold $6,500 of merchandise to customers who used their Zisa cards. Zisa charges a 4% fee. 4 Record cost of goods sold, $3,250. 5 Sold $5,692 of merchandise to customers who used their Access cards. Access charg&a 3% fee. 6 Record cost of goods sold, $2,846. Note : = Journal entry has been entered Record entry Clear entry Prey Prepare journal entries to record the preceding transactions and events. View transaction list EX Access cards. Access charges a 3% fee. 6 Record cost of goods sold, $2,846. 7 Sold $4,730 of merchandise to customers who used their Access cards. Access charges a 3% fee. 8 Record cost of goods sold, $2,365. 9 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $572 balance in McKee's account was from a credit sale last year. 10 Received Morris's check in full payment for the June 4 purchase. Note: Journal entry has been entered Record entry Clear entry S Prey 1o