Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,200. The cost of goods sold is $4,800. June 10 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment. If an amount box does not require an entry, leave it blank. April 1 Accounts Receivable-Jim Dobbs Sales 7,200 7,200 4,800 Accounting numeric field April 1 Cost of Goods Sold Inventory June 10 Allowance for Doubtful Accounts 4800 Cash Short and Over Accounts Receivable-Jim Dobbs Oct. 11 Accounts Receivable-Jim Dobbs Allowance for Doubtful Accounts Oct. 11 Cash Accounts Receivable-Jim Dobbs 88