Journalize the following transactions using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs. $8.700. The cost of the merchandise is $5,300. If an amount box does not require ar April 1 Accounts Receivable 8,700 Sales 8,700 5,300 April 1 Cost of Goods Sold Inventory 5,300 June 10 Received payment for one-third of the receivable from Dim Dobbs and wrote off the remainder. If an amount box does not require June 10 Cash Allowance for Doubtful Accounts Accounts Receivable-Sim Dobbs Oct. 11 Reinstated the account of Jim Dobbs and received $5.800 cash in full payment. If an amount box does not require an entry, leave Oct. 11 Accounts Receivable-Sim Dobbs Allowance for Doubtful Accounts Oct. 11 Cash Accounts Receivable-Wim Dobbs N