Question: Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables: Jan. 17. Received $250 from Ian Kearns and wrote off the

Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables:

Jan. 17. Received $250 from Ian Kearns and wrote off the remainder owed of $750 as uncollectible.

Apr. 6. Reinstated the account of Ian Kearns and received $750 cash in full payment.


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