Question: Direct Write-Off Method Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received $1,880 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 $1,880 from Matthew Chapman and wrote off the remainder owed of $1,920 as uncollectible. If an amount box does not require an entry, leave it blank Oct. 2 Cash Bad Debt Expense Accounts Receivable-Matthew Chapman 55 Free Dec. 20: Reinstated the account of Matthew Chapman and received $1,920 cash in full payment. If an amount box does not require an entry, leave it blank Dec. 20-Reinstate Accounts Receivable Matthew Chapman Bad Debt Expense . Dec, 20-Collection Cash Accounts Receivable Matthew Chapman re ai Show Me Prom Direction Method Toomake the foowing transactions, using there we method of counting for uncollectible receva Oct 2: Rected $ 10 from Hatthew Chapman and wrote the remaindowed of $1.920 as uncert box does not in any leave it be Oct. 2 Ch Bad Debt Expense Arrauts Receivable Matthew.chauman Dec. 20: Reinstated the act of Matthew Chapman and received $2,920 cash in ment, amb box does not require an entry leave it blank Dec. 10-Reinstate Accounts Receivable Matthew Chapean Iad hebt 10 10 Dec 20 Collection cach Accounts Receivable Matthew.chauman Peace
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