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

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Mayfair Co. completed the following transactions and uses a perpetual inventory system June 4 Sold $see of merchandise on credit (that had cost $200) to Natara Morris, terms n/15. 5 Sold $7,700 of merchandise (that had cost $3,080) to customers who used their Zisa cards. Zisa charges a 2.5% fee. 6 Sold $5,892 of merchandise (that had cost $2,357) to customers who used their Access cards. Access charges a 1.5% fee. 8 Sold $4,740 of merchandise (that had cost $1,896) to customers who used their Access Cards. Access charges a 1.5% fee. 13 Wrote off the account of Abigail Mckee against the Allowance for Doubtful Accounts. The $730 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 10 Sold S500 of merchandise on credit to Natara Morris, terms n/15. Zisa Record cost of goods sold, $200. Sold 57,700 of merchandise to customers who used their zisa cards. Zisa charges a 2.5% fee. View transaction list X 3 10 > Sold $7,700 of merchandise to customers who used their Zisa cards. Zisa charges a 2.5% fee. Zisa 4 Record cost of goods sold, $3,080. 5 2 Sold $5,892 of merchandise to customers who used their Access cards. Access charges a 1.5% fee. 6 Record cost of goods sold, $2,357. Credit 7 Sold $4,740 of merchandise to customers who used their Access cards. Access charges a 1.5% fee. 8 Record cost of goods sold, $1,896. Note journal entry has been entered View general mal cond only Clear entry View transaction list X ---- Access cards. Access charges a 1.5% fee. 10 6 Record cost of goods sold, $2,357. Zisa nces 7 Sold $4,740 of merchandise to customers who used their Access cards. Access charges a 1.5% fee. 8 Record cost of goods sold, $1,896. Credit 9 Wrote off the account of Abigail Mckee against the Allowance for Doubtful Accounts. The $730 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 Recentry Clear entry View general Journal 1 of 8 Nex

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