Problem 9-1A (Algo) Sales on credit and sales on credit cards LO C1 Mayfair Company completed the following transactions and uses a perpetual inventory system. June 4 sold 51,000 of merchandise on credit (that had cost 5600 ) to Matara 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 58,600 of merchandise (that had cost $4,800 ) to custoners who used their Access cards. Access charges a 11 fee. June 8 Sold 37,600 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 ss40 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