Question: 8-1 1. BE.08-01.ALGO (Algorithmic) Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Recelved $1,930

8-1 1. BE.08-01.ALGO (Algorithmic) Direct Write-Off Method Journalize the following transactions,

8-1

1. BE.08-01.ALGO (Algorithmic) Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Recelved $1,930 from Ian Kearns and wrote off the remainder owed of $2,880 amount box does not require an entry, leave it blank as uncollectible. If an Mar. 17 July 29: Reinstated the account of Ian Kearns and received $2,880 cash in full payment. Reinstate Collection

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