Question: This is the full question. There is nothing more I can add. Sorry. Mayfair Company completed the following transactions and uses a perpetual inventory system.June
This is the full question. There is nothing more I can add. Sorry. Mayfair Company completed the following transactions and uses a perpetual inventory system.June Sold $ of merchandise that had cost $ to customers who used their Zisa cards. Zisa charges a fee. Record cost of goods sold, $
Sold $ of merchandise to customers who used
their Access cards. Access charges a fee.
Record cost of goods sold, $
Wrote off the account of Abigail McKee against the
Allowance for Doubtful Accounts. The $ balance in
McKee's account was from a credit sale last year.
Received Morris's check in full payment for the June
purchase.
Note : journal entry has been entered
June Sold $ of merchandise that had cost $ to customers who used their Access cards. Access charges
a fee.
June Sold $ of merchandise that had cost $ to customers who used their Access cards. Access charges
a fee.
June Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $ balance in
McKee's account was from a credit sale last year.
June Received Morris's check in full payment for the June purchase.
Required:
Prepare journal entries to record the preceding transactions and events.
Sold $ of merchandise on credit to Natara Morris,
terms
Record cost of goods sold, $
Sold $ of merchandise to customers who used
their Zisa cards. Zisa charges a fee.
Record cost of goods sold, $Mayfair Company completed the following transactions and uses a perpetual inventory system.
June Sold $ of merchandise on credit that had cost $ to Natara Morris, terms n
June Sold $ of merchandise that had cost $ to customers who used their Zisa cards. Zisa charges a
fee.
June Sold $ of merchandise that had cost $ to customers who used their Access cards. Access charges a
fee.
June Sold $ of merchandise that had cost $ to customers who used their Access cards. Access charges a
fee.
June Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $ balance in
McKee's account was from a credit sale last year.
June Received Morris's check in full payment for the June purchase.
Required:
Prepare journal entries to record the preceding transactions and events.
Journal entry worksheet
Received Morris's check in full payment for the June purchase.
Note: Enter debits before credits.
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