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Saved er 7 Problems Mayfair Co. completed the following transactions and uses a perpetual inventory system. June 4 Sold $600 of merchandise on credit (that

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Saved er 7 Problems Mayfair Co. completed the following transactions and uses a perpetual inventory system. June 4 Sold $600 of merchandise on credit (that had cost $300) to Natara Morris, terms n/15. 5 Sold $6,800 of merchandise (that had cost $3,400) to customers who used their Zisa cards. Zisa charges a 4.0% fee. 6 Sold $5,984 of merchandise (that had cost $2,992) to customers who used their Access cards. Access charges a 3.0 fee. 8 Sold $4,500 of merchandise (that had cost $2,250) to customers who used their Access cards. Access charges a 3.0 fee. 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $692 balance in McKee's 18 Received Morris's check in full payment for the June 4 purchase. Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) View transaction list ences Journal entry worksheet 1 2 5 6 7 8 10 Sold $600 of merchandise on credit to Natara Morris, terms n/15. B Note: Enter debits before credits Date June 04 General Journal Debit Credit Record entry Clear entry View general journal Saved 7 Problems Mayfair Co. completed the following transactions and uses a perpetual Inventory system, June 4 Sold $600 of merchandise on credit (that had cost $300) to Natara Morris, terms n/15. 5 Sold 56,880 of merchandise (that had cost $3,400) to customers who used their Zisa cards. Zisa charges a 4.0% fee. 6 Sold $5,984 of merchandise (that had cost $2,992) to customers who used their Access cards. Access charges a 3.0 fee. 8 Sold $4,500 of merchandise (that had cost $2,250) to customers who used their Access cards. Access charges a 3.0 fee. 13 Wrote off the account of Abigail Mckee against the Allowance for Doubtful Accounts. The $692 balance in Mckee's account was from a credit sale last year. 18 Received Morris's check in full payment for the June 4 purchase. Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) int View transaction list mences Journal entry worksheet Sold $6,800 of merchandise to customers who used their Zisa cards. Zisa charges a 4% fee Note: Enter debts before credits Date June 05 General Journal Debit Credit Record entry Clear entry View general Journal Saved Problems Mayfair Co, completed the following transactions and uses a perpetual inventory system. June 4 Sold $600 of merchandise on credit (that had cost $300) to Natara Morris, terms n/15. 5 Sold $6,800 of merchandise (that had cost $3,400) to customers who used their Zisa cards. Zisa charges a 4.0% fee. 6 Sold $5,984 of merchandise (that had cost $2,992) to customers who used their Access cards. Access charges a 3.0 fee. 8 Sold $4,500 of merchandise (that had cost $2,250) to customers who used their Access cards. Access charges a 3.0 fee. 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $692 balance in Mckee's account was from a credit sale last year. 18 Received Morris's check in full payment for the June 4 purchase. Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) View transaction list Journal entry worksheet 2 3 4 5 6 7 8 9 10 Record cost of goods sold, $3,400. Note: Enter debits before credits. Date June 05 General Journal Debit Credit Record entry Clear entry View general journal Saved 7 Problems Mayfair Co. completed the following transactions and uses a perpetual Inventory system. 7:30 June 4 Sold $600 of merchandise on credit (that had cost $300) to Natara Morris, terms n/15. 5 Sold $6,800 of merchandise (that had cost $3,400) to customers who used their Zisa cards. Zisa charges a 4.04 fee. 6 Sold $5,984 of merchandise (that had cost $2,992) to customers who used their Access cards. Access charges a 3.0 fee. 8 Sold $4,500 of merchandise (that had cost $2,250) to customers who used their Access cards. Access charges a 3.0 fee. 13 Wrote off the account of Abigail Mckee against the Allowance for Doubtful Accounts. The $692 balance in McKee's account was from a credit sale last year. 18 Received Morris's check in full payment for the June 4 purchase. Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) K 1 View transaction list xes Journal entry worksheet Sold $4,500 of merchandise to customers who used their Access cards. Access charges a 3% fee. Note: Enter debits before credits. General Journal Date June 08 Debit Credit Record entry Clear entry View general Journal Mayfair Co. completed the following transactions and uses a perpetual inventory system. June 4 Sold $600 of merchandise on credit (that had cost $300) to Natara Morris, terms n/15. 5 Sold $6,800 of merchandise (that had cost $3,400) to customers who used their Zisa cards. Zisa charges a 4.0% fee. 6 Sold $5,984 of merchandise (that had cost $2,992) to customers who used their Access cards. Access charges a 3.04 fee. 8 Sold $4,500 of merchandise (that had cost $2,250) to customers who used their Access cards. Access charges a 3.0 fee. 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $692 balance in Mckee's account was from a credit sale last year. 18 Received Morris's check in full payment for the June 4 purchase. k Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) View transaction list Journal entry worksheet Record cost of goods sold, $2,250. Note: Enter debits before credits Date June 08 General Journal Debit Credit Record entry Clear entry View general Journal Mayfair Co. completed the following transactions and uses a perpetual inventory system. June 4 Sold $600 of merchandise on credit (that had cost $300) to Natara Morris, terms n/15. 5 Sold $6,800 of merchandise (that had cost $3,400) to customers who used their Zisa cards. Zisa charges a 4.0% fee. 6 Sold $5,984 of merchandise (that had cost $2,992) to customers who used their Access cards. Access charges a 3.0% fee. 8 Sold $4,500 of merchandise (that had cost $2,250) to customers who used their Access cards. Access charges a 3.0 fee. 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $692 balance in McKee's account was from a credit sale last year. 18 Received Morris's check in full payment for the June 4 purchase. Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 992 10 > Wrote off the account of Abigail Mckee against the Allowance for Doubtful Accounts. The $692 balance in McKee's account was from a credit sale last year. Note: Enter debits before credits. General Journal Date June 13 Debit Credit Record entry Clear entry View general Journal Mayfair Co. completed the following transactions and uses a perpetual Inventory system. June 4 Sold $600 of merchandise on credit (that had cost $300) to Natara Morris, terms n/15. 5 Sold $6,800 of merchandise (that had cost $3,400) to customers who used their Zisa cards. Zisa charges a 4.0 fee. 6 Sold $5,984 of merchandise (that had cost $2,992) to customers who used their Access cards. Access charges a 3.8% fee. 8 Sold $4,500 of merchandise (that had cost $2,250) to customers who used their Access cards. Access charges a 3.0 fee. 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $692 balance in Mckee's account was from a credit sale last year. 18 Received Morris's check in full payment for the June 4 purchase. 5:27 Required: Prepare journal entries to record the preceding transactions and events. (Do not round intermediate calculations.) View transaction list Journal entry worksheet Received Morris's check in full payment for the June 4 purchase. Note: Enter debits before credits General Journal Date June 18 Debit Credit Record entry Clear entry View general Journal

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