Create an Journal Entries for uncollectible receivables, using allowance method

Apr.	2.	Sold merchandise on account to Peking Palace Co., $37,940. The cost of the merchandise sold was $25,700.
June	9.	Received $9,050 from Peking Palace Co. and wrote off the remainder owed on the sale of April 2 as uncollectible.
Oct.	31.	Reinstated the account of Peking Palace Co. that had been written off on June 9 and received $28,890 cash in full payment.