Instructions May 1. Aug 30 Sold merchandise on account to Taiwan Palace Co., $39,560. The cost of the merchandise sold was $24,540 Received $11,930 from Talwan Palace Co. and wrote of the remainder owed on the sale of May 1 as uncollectible. Reinstated the account of Taiwan Palace Co that had been written off on August 30 and received $27,630 cash in full payment Dec 8 Required: Journalize the above transactions in the accounts of Arizona Interiors Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables. Refer to the chart of accounts for the exact wording of the accounties CNOWoumals do not use the for journal explanations Every line on a journal page is used for debitor credit entries CNOW journals i automaticaly incent a credit entry Mihen a credit amount is enteret My Work 5 more Checkim. Work uses remaining