Question: Direct Write-off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received $2,800 from Matthew Chapman and

Direct Write-off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received $2,800 from Matthew Chapman and wrote off the remainder owed of $6,520 as uncollectible. If an amount box does not require an entry, leave it blank. Oct. 2 Dec. 20: Reinstated the account of Matthew Chapman and received $6,520 cash in full payment. Dec. 20-Reinstate Dec. 20-Collection Check My Work 2 more Check My Work uses remaining Next > R 51 AM 0 9 e A B /3/2019

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