Test 2 Calculator Instruction Using the allowance method of accounting for uncollectible receivables. Transactions: April 1 June 10 Sold merchandise on account to Jim Dobbs, $8,700. The cost of the merchandise is $3,480. Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Relnstated the account of Jim Dobbs and received cash in full payment Oct 11 Required: Joumalize the above transactions. Refer to the Chert of Accounts for exact wording of account titles. Round your answers to nearest coller amount General Journal Joumalize each of the transaction. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to nearest dollar amount PAGE 1 JOURNAL Previous Next All work saved. Save and Exit Submit Test for Grading Test 2 Calculator Instruction Using the allowance method of accounting for uncollectible receivables. Transactions: April 1 June 10 Sold merchandise on account to Jim Dobbs, $8,700. The cost of the merchandise is $3,480. Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Relnstated the account of Jim Dobbs and received cash in full payment Oct 11 Required: Joumalize the above transactions. Refer to the Chert of Accounts for exact wording of account titles. Round your answers to nearest coller amount General Journal Joumalize each of the transaction. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to nearest dollar amount PAGE 1 JOURNAL Previous Next All work saved. Save and Exit Submit Test for Grading