es Mayfair Company completed the following transactions and uses a perpetual inventory system June 4...
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es Mayfair Company completed the following transactions and uses a perpetual inventory system June 4 Sold 2 100 of merchandise on credit that had cost 1 300 to Natara Morris terms n 15 June 5 Sold 23 000 of merchandise that had cost 13 800 to customers who used their Zisa cards Zisa charges a 18 fee June 6 Sold 16 000 of merchandise that had cost 9 600 to customers who used their Access cards Access charges a 3 fee June 8 Sold 14 000 of merchandise that had cost 2 900 to customers who used their Access cards Access charges a 2 fee June 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts The 1 680 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 View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 10
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