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Mayfair Company completed the following transactions and uses a perpetual inventory system. June 4 Sold $900 of merchandise on credit (that had cost $500) to Natara Morris, terms n/15. June 5 Sold $10,000 of merchandise (that had cost $6,000) to customers who used their Zisa cards. Zisa charges a 1% fee. June 6 Sold $7,000 of merchandise (that had cost $4,200) to customers who used their Access cards. Access charges a 3% fee. June 8 Sold $6,000 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 $720 balance in McKees account was from a credit sale last year. June 18 Received Morriss check in full payment for the June 4 purchase. Required: Prepare journal entries to record the preceding transactions and events.

Journal entry worksheet Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $720 balance in McKee's account was from a credit sale last year. Received Morris's check in full payment for the June 4 purchase. Journal entry worksheet 2 Journal entry worksheet 4 Record cost of goods sold, $4,200. Journal entry worksheet A Note: Enter debits betore credits. Journal entry worksheet \begin{tabular}{llll} 5 & 6 & 7 & 8 \end{tabular} Sold $900 of merchandise on credit to Natara Morris, terms n/15. Note: Enter debits before credits. Journal entry worksheet Sold $7,000 of merchandise to customers who used their Access cards. Access charges a 3% fee. Record cost of goods sold, $2,900

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