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Book Show Me How Entries for uncollectible receivables, using allowance method Charlot Accounts Journal instructions May 24 Sept 30 Sold merchandise on account to Old Town Cafe 544 710. The cost of the goods sold was $20,000 Received 510,300 from Old Town Cafe and wrote of the remainder owed on the sale of May 24 as uncollectible Reinstated the account of Old Town Cate that had been writer off on September 30 und received 534.320 cash in full payment Dec 7 Jourmalize the above transaction in the accounts of Zlopy interior Company restaurant supply company that uses the allowance method of accounting for collectible ovales Release Chustot Account wording of accountries Chat of Account May Sept 24 30 CHART OF ACCOUNTS Zippy Interiors Company Dee General Ledger ASSETS REVENUE let the abol 410 Sales 810 trest Revenue or account 110 Cash 111 Petty Cash 121 Accounts Receivable Old Town Cafe 120 Allowance for Doubtful Accounts 131 interest Receivable 132 Notes Receivable 141 Inventory 145 Ottice Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 101 Store Equipment 192 Acoumulated Depreciation Store Equipment 183 Ofice Equipment EXPENSES 510 Cost of Goods Sold 520 Sales Sans Expense 521 Advertising Expense 522 Depreciation Expense-Store Equipment 523 Delivery Expense 524 Repairs Expense 529 Seling Expenses 530 Office Salates Expense 531 Rent Expense 532 Depreciation Expense-Office Equipment Show Me How Chart of Accounts 194 Accumulated Depreciation Office Equipment 533 Insurance Expense 534 Office Supplies Expense 535 Store Supplies Expense 536 Credit Card Expense 537 Cash Short and Over LIABIUTIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable 538 Bad Debt Expense 539 Miscellaneous Expense 710 Interest Expense he abol account EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 313 Income Summary N Jou Joumalize the sections in the accounts of Zippy interiors Company are mand supply company that use the ownice method of accounting for unclecide receruten Plofer to the Cheet of Accountabere wording of account JOURNAL ACCOUNTING BUTION DERIT POST DATE CROIT AWETS LITES ROUTE 1 Chedi My World