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Joumalize the following transactions using the allowance method of accounting for uncollectible recelvables. Apr. 1 Soid merchandise on account to Jim Dobbs, $8,700. The cost

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Joumalize the following transactions using the allowance method of accounting for uncollectible recelvables. Apr. 1 Soid merchandise on account to Jim Dobbs, $8,700. The cost of the merchandise sold is $5,900. If an amount box does not require an entry, leave it blank. June 10 Received payment for one-third of the receivoble from Jim Dobbs and wrote off the remainder as uncollectible. If an amount box does not require an entry, leave It biank Oct 11 Reinstated the account of Jim Dobbs and received cash in full payment. If an amount box does not require an entry, leave it blank. Oct: 11 Oct. 11

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