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Journalize the following transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowance method of accounting for uncollectible

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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, $15,900. The cost of goods sold was $13,600. Sept. 30 Received $3,000 from Old Town Cafe and wrote off the remainder oned 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 $15,100 cash in full payment. If an amount bax does not require an entry, leave it blank May 24-sale May 24-cost Sept. 30 Dec. 7-reinstate Dec. 7-collection 00 00 000 00 00 S E B .

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