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Mayfair Cocompleted the following transactions and uses a perpetual inventory system. June 4 Sold $700 of merchandise on credit (that had cost $350) to Natara

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Mayfair Cocompleted the following transactions and uses a perpetual inventory system. June 4 Sold $700 of merchandise on credit (that had cost $350) to Natara Moreis, terms n/15 5 Sold 58,700 of merchandise (that had cost $4,350) to customers who used their lisa cards. Zisa charges a 3.0% fee. 6 Sold $5,870 of merchandise (that had cost $2,935) to customers who used their Access Cards Access charges a 2.0% fer. 8 Sold $4,360 of merchandise that had cost $2,180) to customers who used their Access cards Access charges a 2.0% fee. 1 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $471 balance in McKee's account was from a credit sale last year. 18 Received Morris't check in full payment for the Tune 4 purchase. Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) View transaction list Journal entry worksheet Sold $700 of merchandise on credit to Natara Morris, terms 1/15 Note Enter debits before credits General Journal Debit Credit Date June 04 Journal entries to record the preceding transactions and events. (Do not round intermediate calculations transaction list urnal entry worksheet 1 2 3 4 5 6 7 8 9 10 > Record cost of goods sold, $350. ce: Enter debits before credits. Date General Journal Debit Credit June 04 O # Cm Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculoc View transaction list Journal entry worksheet arch 18 Received Morris's check in full payment for the June 4 purchase. quired: pare journal entries to record the preceding transactions and events. (Do not round intermediate calc View transaction list Journal entry worksheet 1 2 3 5 6 7 8 9 10 > Record cost of goods sold, $4,350. Note: Enter debits before credits. Credit Date Debit General Journal June 05 O TI Journal entry worksheet Sold $5,870 of merchandise to customers who used their Access cards. Access charges a 2% fee. Note: Enter debits before credits General Journal Debit Credit Date June 06 View general Journal Record entry Clear entry IN Next > View transaction list Journal entry worksheet View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 10 Record cost of goods sold, $2,180 Note: Enter debits before credits General Journal Debit Credit Date June 08 Record entry Clear entry View general Journal View transaction list Journal entry worksheet View transaction list Journal entry worksheet

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