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Mayfair Company completed the following transactions and uses a perpetual inventory system. June 4 Sold $1,000 of merchandise on credit (that had cost $600 )

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Mayfair Company completed the following transactions and uses a perpetual inventory system. June 4 Sold $1,000 of merchandise on credit (that had cost $600 ) to Natara Morris, terms n/15. June 5 Sold $11,000 of merchandise (that had cost $6,600 ) to customers who used their Zisa cards. Zisa charges a 2% fee. June 6 sold $8,000 of merchandise (that had cost $4,800 ) to customers who used their Access cards. Access charges a 1% fee. June 8 Sold $7,000 of merchandise (that had cost $2,900 ) to customers who used their Access cards. Access charges a 3% fee. June 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $840 balance in McKee's account was from a credit sale last year. June 18 Received Morris's check in full payment for the June 4 purchase. Required: Prepare journal entries to record the preceding transactions and events. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Note: Enter debits betore credits. Journal entry worksheet 6789 Sold $11,000 of merchandise to customers who used their Zisa cards. Zisa charges a 2% fee. Note: Enter debits before credits. Journal entry worksheet

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