Journalize the following transactions in the accounts of Adams Food Service Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables:
January 24
Sold merchandise on account to Wings Co., $19,200. The cost of the merchandise sold was $17,155.
March 10
Received $8,900 from Wings Co. and wrote off the remainder owed on the sale of January 24 as uncollectible.
September 7
Reinstated the account of Wings Co. that had been written off on March 10 and received $10,300 cash in full payment.