Entries for uncollectible recelvables, using allowance method Instrucbions May 24 Sold merchandise on account to Oid Town Cafe \$36,730. The cost of goods sold was \$25,310. Sept. 30 Recelved $11,950 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 Cate that had been written off on September 30 and received $24,780 cash in full payment. Journalize the above transactions in the accounts of Zippy interiors Company, a restaurant supply company that uses the allowance method of accounting for uncoliectibie recelvables. Entrles for uncollectible recelvables, using allowance method Inatruction: Chart of Acoounts General Journal method Instructions Chart ol Accolinte General Journal Instructions Chart of Accounts 121 Aocounts Recelvable-Old Town Cafe 129 Allowanoe for Doubtul Accounts 131 Interest Recelvable 132. Notes Recelvable 141 inventory 145 Otfice Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Store Equipment 192 Accumulated Depreciation-Store Equipment 193 Office Equipment EXPENSES 510 Cost of Goods Sold 520 Sales Solaries Exponse 521 Advertising Expense 522 Depreciation Expense-store Equipment 523 Delivery Expense 524 Repairs Expense 529 Selling Expenses 530 Office Salaries Expense 531 Rent Expense 532 Depreciation Expense-Office Equipment using allowance method Instructions Chart of Accounte General Joumal Instructions Chart of Accounts 193 Once Equipment 194 Accumulated Depreciation-Office Equipment LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable EQUITY 310 Common Stock 532 Depreciation Expense-Office Equipment 533 Insurance Expense 534 Office Supplies Expense 535 Store Supplies Expense 536 Credit Card Expense 537 Cash Short and Over 538 Bad Debt Expense 539 Miscellaneous Expense 710 interest Expense General Journal General Journal Instructions Chart of Accounts Goneral Journal ACCOUNTNG EQUATI 1 DATE JOURNAL DESCRIPTON POST REF oreit casort isers cuatimes