Journalize the transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowance method of uncollectible receivables. May 24 Sold merchandise on account to Old Town Cafe $36,010. The cost of goods sold was $22,050. Sept. 30 Received $11,500 from Old Town Cafe and wrote off the remainder owed on the sale of May 24 as uncollectible. Dec. 7 Reinstated the account of Old Town Cafe that had been written off on September 30 and received $24,510 cash in full payment. lournalize the above transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowance method of accounting or uncollectible receivables