General Journal JOURNAL Using the direct write-off method of accounting for uncollectible recervables. DATE DESCAIPTION POST. RE Apr. 1 Sold merchandise on account to Jim Dobbs, S7,500. The cost of the merchandise is Apr.1 AccountsReceivableJm Dobbs 750000 $5,600 Sales 50000 June 10 Recived payment for one-third of the receivable from Jim Dobbs and wrote off the Cost of Merchandise Sold 5,60000 remainder Merchandise Inventory 5,60000 Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment Jun. 10 Cash Required: Allowance for Doubtful Accounts Journalize the above transactions. Refer to the Chart of Accounts far exact wording af account tiies. Accounts Receivable-Jim Dobbs Oct 11 Accounts Receivable-Jim Dobbs Allowance for Doubtul Accounts Oct. 11 Cash Accounts Receivable-Jim Dobbs Chart of Accounts 111 Petty Cash 121 Accounts Receivable Aan Albertson 122 Accounts Receivable Jim Dobbs 123 Accounts Receivable John Groves 124 Accounts ReccivableJan Lchn 125 Accounts Receivable Jacob Marley 126 Accounts Receivable-Mr.Potts 610 Interest Revenue 510 Cost of Merchandisc Sold 520 Salaries Expense 521 Advertising Expense 522 Deprociation Expensc