Question: Direct write-off method Instructions Chart of Accounts Journal HI Instructions June 2 Received $1,110 from Melissa Crone and wrote off the remainder owed of $4,200

Direct write-off method Instructions Chart of Accounts Journal HI Instructions June 2 Received $1,110 from Melissa Crone and wrote off the remainder owed of $4,200 as uncollectible. Reinstated the account of Melissa Crone and received $4,260 cash in full payment. Oct 9. Journalize the above transactions, using the direct write-off method of accounting for uncollectible receivables. Refer to the Chart of Accounts for exact wording of accounties VISIWE UIT method Instructions Chart of Accounts Journal Instructions Journal JOURNAL DATE DESCRIPTION POST. REF DEBIT CREDIT 1 Jun 2 Cash 1.110.00 4.260.00 3 4
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