Direct write-off method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $2,940 from Shawn McNeely and wrote off the remainder owed of $3,970 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 Cash Bad Debt Expense Accounts Receivable-Shawn McNeely 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. July 29 Accounts Receivable-Shawn McNeely Bad Debt Expense 2,710 X 3,630 X July 29: Reinstated the account of Shawn McNeely and received $3,970 cash in full payment. If an amount box does not require an entry, leave it blank. July 29 Cash Accounts Receivable-Shawn McNeely 6,340 X 3,630 X 3,630 X 3,630 X 3,630 X

Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received \$2,940 from Shawn McNeely and wrote off the remainder owed of \$3,970 as uncollectible. If an amount box does not require an entry, feave it blank: Mai TCreckMy Won Remember that under the direct write-off method, Bad Debt Expense is not recorded unbil the customer's account is determined to be worthless