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Mayfair Co. completed the following transactions and uses a perpetual inventory system. June 4 Sold $500 of merchandise on credit (that had cost $250 )

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Mayfair Co. completed the following transactions and uses a perpetual inventory system. June 4 Sold $500 of merchandise on credit (that had cost $250 ) to Natara Morris, terms n/15. 5 Sold $8,200 of merchandise (that had cost $4,180 ) to customers who used their Zisa cards. Zisa charges a 6.5t fee. 6. Sold $6,088 of merchandise (that had cost $3,044 ) to customers who used their Access cards. Access charges a 5.5$ fee. 8 Sold $4,480 of merchandise (that had cost $2,240 ) to custoners who used their Access cards. Access charges a 5.5% fee. 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $397 balance in McKee's account was fron a credit sale last year. 18 Received Morris's check in full paynent for the June 4 purchase. Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) Journal entry worksheet Note: inter debits before credits

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