Bad Debts Journalize the following transactions using the direct write-off method: June 1, Kleen-Dyno purchased $5,000 of dinosaur shampoo. On November 15, after multiple attempts on our part to collect the funds due, Kleen-Dyno has indicated it will never pay the bill. Date June 1 Account Name Debit Credit Dec 1, Kleen-Dyno decides that Terrance Co.'s dinosaur shampoo is the only shampoo that works for their Dinosaur Wash stations. The company decides to pay Terrance Co. for the old invoice so it can order more product. Terrance Co. reinstates the amount due. Date Account Name Dec 1, Record the payment from Kleen-Dyno. Date Debit Credit Account Name Debit Credit