Instructions Chart of Accounts ASSETS REVENUE May 24 Sold merchandise on account to Old Town Cafe $36,000. The cost of the goods sold was $23,540 110 Cash 410 Sales 610 Interest Revenue Sept. 30 Received $10,380 from Old Town Cafe and wrote off the remainder owed on the sale of May 24 as uncollectible. 111 Petty Cash 121 Accounts Receivable-Old Town Cafe 129 Allowance for Doubtful Accounts EXPENSES Dec. 7 Reinstated the account of Old Town Cafe that had been written off on September 30 and received $25,620 cash in full payment. 131 Interest Receivable 510 Cost of Goods Sold 132 Notes Receivable 520 Sales Salaries Expense 141 Inventory 521 Advertising Expense 522 Depreciation Expense-Store Equipment 145 Office Supplies Journalize the above transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables. Refer to the Chart of Accounts for exact wording of account 146 Store Supplies 523 Delivery Expense titles 151 Prepaid Insurance 524 Repairs Expense 181 Land 529 Selling Expenses 191 Store Equipment 530 Office Salaries Expense 192 Accumulated Depreciation Store Equipment 531 Rent Expense 532 Depreciation Expense-Office Equipment 193 Office Equipment 194 Accumulated Depreciation Office Equipment 533 Insurance Expense LIABILITIES 534 Office Supplies Expense 535 Store Supplies Expense 536 Credit Card Expense 210 Accounts Payable 211 Salaries Payable 537 Cash Short and Over 213 Sales Tax Payable 538 Bad Debt Expense 539 Miscellaneous Expense 214 Interest Payable 215 Notes Payable 710 Interest Expense Journal X Journalize the transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables. Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 6 7 8 9 10 11