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Apr. 2 . Sold merchandise on account to Peking Palace Co . , $ 3 6 , 7 3 0 . The cost of the
Apr. Sold merchandise on account to Peking Palace Co $ The cost of the goods sold was $
June Received $ from Peking Palace Co and wrote off the remainder owed on the sale of April as uncollectible.
Oct. Reinstated the account of Peking Palace Co that had been written off on June and received $ cash in full payment.
Journalize the above transactions in the accounts of Dining Interiors Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables.
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