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2. Record cost of goods sold, $300.

3. Sold $9,800 of merchandise to customers who used their Zisa cards.

4. Record cost of goods sold, $4,900.

5. Sold $5,774 of merchandise to customers who used their Access cards.

6. Record cost of goods sold, $2,887.

7. Sold $4,560 of merchandise to customers who used their Access cards

8. Record cost of goods sold, $2,280.

9. Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $462 balance in McKees account stemmed from a credit sale in October of last year.

10. Received Morris's check in full payment for the purchase of June 4.

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 5.5% service charge for sales on its credit card. Access deducts a 4.5% service charge for sales on its card. Mayfair completes the following transactions in June. June 4 Sold $68e of merchandise on credit (that had cost $380) to Natara Morris terms n/38 5 Sold $9,888 of merchandise (that had cost $4,98e) to customers who used their Zisa cards 6 Sold $5,774 of merchandise (that had cost $2,887) to customers who used their Access cards 8 Sold $4,568 of merchandise (that had cost $2,280) to customers who used their Access cards 13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $462 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 une 4 Requlrec: Prepare journal entries to record the preceding transactions and events. (The company uses the perpetual inventory system.) (If no entry Is required for transacti nevent, select "N Journal entry required" In the first acc unt field. Rund ur flnal answers to the nearest whole dollar.) View transaction list Journal entry worksheet K123 5 6 78 9 1 Sold $600 of merchandise on credit to Natara Morris terms n/30. Note: Enter debits before credits. Date Debit Credit June 04 Record entry Clear entry View general journal

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