General journal

11 total entries

Chart of accounts

nstruction Chart of Accounts General Journal Instruction Using the allowance method of accounting for uncollectible receivables April 1 Sold merchandise on account to Jim Dobbs, $7,500. The cost of the merchandise is $3,000 June 10 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment Required: Journalize the above transactions. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to nearest dolilar amount