Journalize the following transactions using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $8,040. The cost of the merchandise is $4,020. April 1 April 1 June 10 Received $2,680 from Jim Dobbs and wrote off the remainder owed of $5,360. If an amount box does not require an entry, leave it blank or enter "O". June 10 Oct. 11 Reinstated the ccount of Jim Dobbs and received $5,360 cash in full ent. Oct. 11 . Oct. 11