EPIES Tor uncollectible receivables, using allowance method Instructions Chart of Accounts Journal Instructions Mary Aug 30 Sold merchandise on account to Beijing Palace Co., 534,010 The cost of the merchandise sold was 522,050 Received $17.500 from Beijing Palace Co. and write of the remainder owed on the sale of May 1 as uncollectible Reinstated the account of Being Price Co that had been written off on August 30 and received $24,510 castinul payment Dec & e ce m odo Required: Joumare the above transactions in the accounts of Sedona n o company anestar y company that w acting for noble rewables. Refer to me Chat of Accounts for exact warrigol accounts Instructions Chart of Accounts CHART OF ACCOUNTS Sedona Interiors Company General Ledger REVENUE 410 Sales 610 Interest Revenue ASSETS 110 Cash 111 Petty Cash 121 Accounts Receivable-Beijing Palace Co. 129 Allowance for Doubtful Accounts 131 interest Receivable 132 Notes Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Store Equipment 192 Accumulated Depreciation Store Equipment EXPENSES 510 Cost of Merchandise Solid 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense-Store Equipment 522 Delivery Expense 524 Repairs Expense sza Seling Expenses 530 Omice Salaries Expense 531 Rent Experise DESCRIPTION ASSETS LABS OUTY