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Saved zapters 6-7 Help Save & Exit Submit Mayfair Co. allows select customers to make purchases on credit. Its other customers can use either of

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Saved zapters 6-7 Help Save & Exit Submit 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 4.5% service charge for sales on its credit card. Access deducts a 3.5% service charge for sales on its card. Mayfair completes the following transactions in June. June 54 4 Sold $700 of merchandise on credit (that had cost $350) to Natara Morris. 5 Sold $6,200 of merchandise (that had cost $3,100) to customers who used their Zisa cards. 6 Sold $5,792 of merchandise (that had cost $2,896) to customers who used their Access cards. 8 Sold $4,470 of merchandise (that had cost $2,235) to customers who used their Access cards. 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $389 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.) View transaction list Journal entry worksheet 1 2 3 4 5 6 8 9 Sold $700 of merchandise on credit to Natara Morris. w

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