Question: Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables Mar. 17: Received $1,880 from Ian Kearns and

Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables Mar. 17: Received $1,880 from Ian Kearns and wrote off the remainder owed of $3,840 as uncollectible. It an amount box does not require an entry, leave it blank. Mar. 17 July 29: Reinstated the account of lan Kearns and received $3,840 cash in full payment July 29 July 29

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