Instruction Using the allowance method of accounting for uncollectible receivables. Transactions: 1 April June 10 Sold merchandise on account to Jim Dobbs, $8.700. The cost of the merchandise is $3,480 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder Reinstated the account of Jim Dobbs and received cash in full payment. Oct 11 Required: Journalize the above transactions. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to nearest dollar amount. rt of Accounts ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 121 Accounts Receivable-Alan Albertson EXPENSES 122 Accounts Receivable-Jim Dobbs 123 Accounts Receivable-John Groves 510 Cost of Goods Sold 520 Salaries Expense 124 Accounts Receivable-Jan Lehn 125 Accounts Receivable-Jacob Marley 521 Advertising Expense 126 Accounts Receivable-Mr.Potts 522 Depreciation Expense 523 Delivery Expense 127 Accounts Receivable-Chad Thomas 128 Accounts Receivable-Andrew Warren 524 Repairs Expense 129 Allowance for Doubtful Accounts 531 Rent Expense 131 Interest Receivable 533 Insurance Expense 132 Notes Receivable 534 Supplies Expense 141 Inventory 536 Credit Card Expense Instruction Us Chart of Accounts 145 Supplies 151 Prepaid Insurance 181 Land 191 Equipment 192 Accumulated Depreciation 537 Cash Short and Over 538 Bad Debt Expense 539 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 212. Dividende Instruction General Journal JOURNAL ACCOUNTING EQ DATE DESCRIPTION POST. REF DEBAT CREDIT ASSETS LIABILITIES 1 1 2 5 5 4 5 6 7 9 10 11