Journalize the following transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowince mathod of accounting for uncolectiole receivabies: May 24 Sold merchandise on account to Oid Town Cate, 517,600. The cont of goods sold was $12,700. Sept 30 frecoived 54,000 from old Town Cafe and wrote off the remainder oned on the sale of May 24 as uncallectible Dec. 7 Reinttated the account of Od Town Cafe that had been written of en September 10 and recaived $13,600 cash in full payment. May24-saleAllowanceforDoubtfulAccountsAccountsRecelvable-OldTownCafe May 24-cost Sept. 30 Dec. 7-reinstate Dec. 7-collection