Journalize the following transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables: May 24 Sold merchandise on account to Old Town Cafe $9,500. The cost of goods sold was $6,800 Sept. 30 Received $2,800 from Old Town Cafe and wrote of the remainder owed on the sale of May 24 as uncollectible Dec. 7 Reinstated the account of Old Town Cafe that had been written off on September 30 and received $6,700 cash in full payment. For a compound transaction, if an amount box does not require an entry, leave it blank May 24-sale May 24-cost 1o D Dill Sept. 30 | Dec 7-reinstated Dec. 7.collection