ok Show Me HOW Entries for Uncollectible Reivables, using Allowance Method Journalize the following transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables: May 24 Sold merchandise on account to Old Town Cafe, $10,900 The cost of goods sold was $7,800. Sept. 30 Received $2.200 from Old Town Cafe and wrote off the remainder owed on the sale of May 24 as uncollectible, Dec: 7 Reinstated the amount of Old Town Cafe that had been written off on September 30 and received $8,700 cash in full payment. If an amount box does not require an entry, leave it islank May 24-sale Accounts Receivable-Old Town Cafe Sales May 24-cost Costoods Sold Inventory Sept. 10 Cach Allowance for Doubtful Accounts Accounts Receivable-Old Town Care 00 00 00 00 00 Dec reinstate Accounts Receivable Old Town Cafe Allowance for Doubtful Accounts Dec. 7-collection Cash counts Receivable-Old Town Cafe