Entries for Uncoliectible Receivabies, using Allowance Method Joumalize the following transactishs in the accounts of Zippy Interiors Company, a restaurant supply company that uses thoullowance method of accounting for uncollectible receivables! May 24 Sold merchandise on account to Oid Town Cafe, $9,900. The cost of goods sold was $7,100. Sept. 30 Received $2,900 from oid Town Cafe and wrote off the remainder owed on the sale of May 24 as uncollectible. Dec, 7 Reinstated the account of Od Town Cafe that had been written off on September 30 and received $7,000 cash in full payment. If an amount box does not require an entry, leave it blank