ournalize 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 $13,300. The cost of goods sold was $9,600 Sept. 30 Received $3,500 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 $9,800 cash in full payment. For a compound transaction, if an amount box does not require an entry, leave it blank. May 24-sale May 24-cost Sept. 30 Dec. 7-reinstated Dec. 7-collection sale Accounts Payable-Old Town Cafe cos Accounts Receivable-Old Town Cafe Cash Cost of Goods Sold Inventory Sales