Transsetions Paid advertising expensn 2 S Paid cash for supplies$1,2 6 Purchased offioe equipment on account 59.300 10 Recsived eash from eustomers on account 1es00. 27 Paid eash for miscellaneous xpenes 500 30 Paid telephone bill for the month, 8275 1 Fees med and biled to oustomers tor the month, 580, 180. 31 Paid electriolly bill for the month 830 31 Paid dividends, $1,700 Chart of Accounts CHART OF ACCOUNTS Zenith Consulting Co. General Ledger ASSETS REVENUE 41 Fees Earned 11 Cash 12 Accounts Receivable 13 Supplies 14 Office Equipment EXPENSES 51 Rent Expense 52 Advertising Expense 53 Utilises Expense 54 Miscellaneous Expense LIABILITES 21 Accounts Payable EQUITY 31 Common Stock 32 Retained Eamings 33 Dividends Question 4 Entries for Uncollectible Receivables, using Allowence Method Jourmalize 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 $15,000. The cost of goods sold was $10,800. Sept. 30 Recelved $3,200 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 wiritten off on September 30 and received $11,800 cash in full payment. For a compound transaction, If an amount box does not require an entry, leave it blanik