Instructions May 1 Aug 30 Dec 8. Sold merchandise on account to Beijing Palace Co., $18,900. The cost of the merchandise sold was $11,200 Received $8,000 from Beijing Palace Co. and wrote off the remainder owed on the sale of May 1 as uncollectible Reinstated the account of Beijing Palace Co. that had been written off on August 30 and received $10,900 cash in full payment Required: Joumalize the above transactions in the accounts of Sedona 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 Chart of Accounts Journalize the transactions in the accounts of Sedona Interiors Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables Heller to the Chart of Accounts for exact wording of account bites S 10 11 PAGE 1 JOURNAL ACCOUNTING COLLATION DATE DESCRIPTION POST RE DENT CREDIT ASSETS LIABILITIES EQUITY