Journalize the following transactions in the accounts of Sedona Interiors Company, a Restaurant Supply Company that uses the allowance method of accounting for uncollectible receivables: May 1. Sold merchandise on account to Beijing Palace Co., $18,900. The cost of the merchandise sold was $11,200. Aug. 30. Received $8,000 from Beijing Palace Co. and wrote off the remainder owed on the sale of May 1 as uncollectible. Dec. 8. Reinstated the account of Beijing Palace Co. that had been written off on August 30 and received $10,900 cash in full payment.

May 1

Dr Account receivable-Beijing Palace Co., $18,900

Cr Sales $18,900

May 1

Dr Cost of goods sold $11,200

Cr Merchandise inventory $11,200

Aug. 30

Dr Cash $8,000

Dr Allowance for doubtful account $10,900

Cr Account receivable-Beijing Palace Co.$18,900

Dec. 8

Dr Account receivable-Beijing Palace co.$10,900

Cr Allowance for doubtful account $10,900

Dec. 8

Dr Cash $10,900

Cr Account receivable-Beijing Palace Co. $10,900

Explanation:

Preparation of the Journal entries in the accounts of Sedona Interiors Company

May 1

Dr Account receivable-Beijing Palace Co., $18,900

Cr Sales $18,900

May 1

Dr Cost of goods sold $11,200

Cr Merchandise inventory $11,200

Aug. 30

Dr Cash $8,000

Dr Allowance for doubtful account $10,900

($18,900-$8,000)

Cr Account receivable-Beijing Palace Co.$18,900

Dec. 8

Dr Account receivable-Beijing Palace co.$10,900

Cr Allowance for doubtful account $10,900

Dec. 8

Dr Cash $10,900

Cr Account receivable-Beijing Palace Co. $10,900

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

the correct answer is b.)