Problem 7-1A Sales on account and credit card sales LO C1 Mayfair Co. allows select customers to make purchases on credit. Its other customers can use either of two credit cards: Zisa or Access. Zisa deducts a 3% service charge for sales on its credit card. Access deducts a 2% service charge for sales on its card. Mayfair completes the following transactions in June June 4 Sold $650 of merchandise on credit (that had cost $400) to Natara Morris. 5 Sold $6,900 of merchandise (that had cost $4,200) to customers who used their Zisa cards. 6 Sold $5,850 of merchandise (that had cost $3,800) to customers who used their Access cards 8 Sold $4,350 of merchandise (that had cost $2,900) to customers who used their Access cards 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $429 balance in McKee' s account stemmed from a credit sale in October of last year. 18 Received Morris's check in full payment for the purchase of June 4. Required: Prepare journal entries to record the preceding transactions and events. (The company uses the perpetual inventory system.) (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is not complete 0 Date General Journal Debit Credit June 04 650 Accounts receivable-N. Morris Sales 650 2 June 04 Cost of goods sold 400 Merchandise inventory 400 Sales 4,350 June 08 Cost of goods sold 2,900 Merchandise inventory 2,900 June 13 Allowance for doubtful accounts 429 Accounts receivable-A. McKee 429 10 June 18 Cash 637 Sales discounts 13 Credit card expense 650