Ch7 P1: Apply the direct write-off method to accounts receivable. Slide 5 5 of 7 Knowledge Check 02 On December 31, 2015, management had determined that it would not be able to collect the $1.200 owed to it by its customer Acme, Inc. On September 15, 2016, a check in the amount of $600 was unexpectedly received from Acme. Management does not collections from Acme. (The company uses the direct write-of method to account for its uncollectible accounts.) Prepare the necessary journal entry to record the events by selecting the account names and preparing two separate jounal entries.) ts eBook Ask dollar amounts from the drop-down menus (Use a compound entry instead of Print Date Account Title Debit Credit Sept. 15 select select select select select select select select select v Prey . 1 of 1: ! Next