Journalize the following transactions in the accounts of Sedona Interiors Company, a Restaurant Supply Company that uses the allowance method of accounting for uncollectible receivables: May 1. Sold merchandise on account to Beijing Palace Co, $11.900. The cost of the merchandise sold was $8,600. Aug, 30. Received $3,300 from Beijing Palace Co. and wrote of the remainder owed on the sale of May 1 as uncollectible. Dec. B. Reinstated the account of Beljing Palace Co. that had been written off on August 30 and received $8,600 cash in full payment. For a compound transaction. If an amount box does not require an entry, leave it blank May 1-sale May 1-cost Aug. 30 DIO I Dec 8-reinstated Dec. 8-collection