Journalize the following transactions using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,680. The cost of the merchandise is $3,840. April 1 April 1 June 10 Received $2,560 from Jim Dobbs and wrote off the remainder owed of $5,120. If an amount box does not require an entry, leave it blank or enter "o. June 10 Oct. 11 Reinstated the account of Jim Dobbs and received $5,120 cash in full payment. Oct. 11