Instruction Using the direct write-ot method of accounting for uncollectible receivables. Apr1 June 10 Sold merchandise on account to Jim Dobbs, S8,100. The cost of the merchandise is $3,240 Received payment for one-third of the receivable from Jim Dobbs and wroto off the remainder Reinstated the locount of Jim Dobbs for and received cash in full payment. Oct 11 Required: Joumalize the above transactions. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to resto amount Journaize for the each transaction or to the Chart Accounts or exact wording of account is. Hound your answers to nearest Color ol amount How does grading work? MGEE JOURNAL Score: 99/138 DATE DESCRIPTION POSTER DERIT CREDIT 1 8,100.00 2 8,100.00 Apt. 19 Accounts Receivable-lim Dobbs Sales Apc 1 Cost of Merchandise Sold Merchandise Inventory 1 3.240,00 3.240,00 3 Jun 10 5,400.00 6 Cash 2,700.00 3 8,100.00 . Oct 11 Accounts Receivable-lim Dobbs 9 10 Cash 11 Accounts Receivable-lim Dobbs