Direct Write-Off Method

Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables.

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Mar. 17: Received $2,740 from Ian Kearns and wrote off the remainder owed of $5,180 as uncollectible. If an amount box does not require an entry, leave it blank.

Mar. 17	Accounts Payable-Ian KearnsAccounts Receivable-Ian KearnsAllowance for Doubtful AccountsCashSales	- Select -	- Select -
	Accounts Payable-Ian KearnsAccounts Receivable-Ian KearnsAllowance for Doubtful AccountsBad Debt ExpenseSales	- Select -	- Select -
	Accounts Payable-Ian KearnsAccounts Receivable-Ian KearnsAllowance for Doubtful AccountsCashSales	- Select -	- Select -

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July 29: Reinstated the account of Ian Kearns and received $5,180 cash in full payment.

July 29	Accounts Receivable-Ian KearnsAllowance for Doubtful AccountsBad Debt ExpenseDividendsSales	- Select -	- Select -
	Accounts Receivable-Ian KearnsAllowance for Doubtful AccountsBad Debt ExpenseDividendsSales	- Select -	- Select -
July 29	Accounts Payable-Ian KearnsAllowance for Doubtful AccountsAccumulated Depreciation-Office EquipmentCashSales	- Select -	- Select -
	Accounts Receivable-Ian KearnsAllowance for Doubtful AccountsAccumulated Depreciation-Office EquipmentCashSales	- Select -	- Select -