Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $2,670 from Paula Spitler and wrote off the remainder owed of $6,410 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 Cash Bad Debt Expense Accounts Receivable-Paula Spitler Feedback Check My Work Remember that under the direct write-off method, Bad Debt Expense is not recorded until the customer's account is determined to be worthless Learning Objective 3. July 29: Reinstated the account of Paula Spitler and received $6,410 cash in full payment. Reinstate Accounts Receivable-Paula Spitler Bad Debt Expense Collection Cash Accounts Receivable-Paula Spitler Feedback Check My Work In such cases where an account receivable that has been written off is later collected, the account is reinstated. Then record the payment for the account. Learning Objective 3. Feedback Check My Work Partially correct Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Mar. 17: Received $2,680 from Keith MacPhearson and wrote off the remainder owed of $2,710 as uncollectible. If an amount box does not require an entry, lea Mar. 17 Cash Allowance for Doubtful Accounts Accounts Receivable-Keith MacPhearson Feedback Check My Work When a customer account is identified as uncollectible, it is written off against the allowance account. Learning Objective 4 July 29: Reinstated the account of Keith MacPhearson and received $2,710 cash in full payment. Reinstate Accounts Receivable-Keith MacPhearson Allowance for Doubtful Accounts Collection Cash Accounts Receivable-Keith MacPhearson Feedback Check My Work In such cases where an account receivable that has been written off is later collected, the account is reinstated. Then record the payment for the account. Learning Objective 4. Feedback Check My Work Partially correct