countries for Uncollectible Accounts, using Direct Write-Off Method

journalize the following transactions in the accounts of Canyon River Medical Co., a medical equipment company that uses the direct write-off method of accounting for uncollectible receivables:

Jan. 19 Sold merchandise on account to Dr. Kyle Norby, $36,600. The cost of goods sold was $19,800.

June 2 Received $7,700 from Dr. Kyle Norby and wrote off the remainder owed on the sale of January 19 as uncollectible.

Oct. 23 Reinstated the account of Dr. Kyle Norby that had been written off on June 2 and received $28 900 cash in full payment.

etries for Uncollectible Accounts, using Direct Write-Off Method

journalize the following transactions in the accounts of Canyon River Medical Co., a medical equipment company that uses the direct write-off method of accounting for uncollectible receivables:

Jan. 19 Sold merchandise on account to Dr. Kyle Norby, $36,600. The cost of goods sold was $19,800.

June 2 Received $7,700 from Dr. Kyle Norby and wrote off the remainder owed on the sale of January 19 as uncollectible.

Oct. 23 Reinstated the account of Dr. Kyle Norby that had been written off on June 2 and received $28 900 cash in full payment.

ntries for Uncollectible Accounts, using Direct Write-Off Method mournalize the following transactions in the accounts of Canyon River Medical Co, a medical equipment company that uses the direct write-off method of accounting for uncollectible recibe Jan. 19 Sold merchandise on account to De Kyle Norby, 536,500. The cost of goods sold was $19.500 June 2 Received $7.700 from Dr. Kyle Norty and wrote off the remainder owed on the sale of January 19 a collectible Oct. 23 Reinstated the account of Dr. Kyle Norty that had been written off on June 2 and received $28.900 cash in full payment If an amount box does not require an entry, leave It blank, Jan. 19-sale Jan. 19 cost June 2 Oct 23-state 11 11 11 Oct. 23.collection