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Journalize the following transactions using the allowance method of accounting for uncollectible receivables. Apr, 1 Sold merchandise in account to Jlm Dobbs, $8,400. The cost
Journalize the following transactions using the allowance method of accounting for uncollectible receivables. Apr, 1 Sold merchandise in account to Jlm Dobbs, \$8,400. The cost of the merchandise sold is $5,700. If an amount box does not require an entry, leave it biank. June 10 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder as uncolsctiblo. If an amount box does not require an entry, leave it blank. Jun Oct. 11 Reinstated the account of Xim Dobbs and received cash in full payment, If an amount box does not require an entry, leawe it blank
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