Direct Write Off Method Journalize the following transactions, using the direct write off method of accounting for uncollectible receivables Mar 17 Received $2,630 from Matthew Chapman and wrote off the remainder owed of $4,790 as uncollectible If an amount box does not require an entry, leave it blank Mar 17 Cash Bad Debt Expense Accounts Receivable Matthew Chapman Feedback July 29 Reinstated the account of Matthew Chapman and received $4,790 cash in full payment July 29 Accounts Receivable Matthew Chapman Bad Debt Expense July 29 Cash Accounts Receivable Matthew Chapman

Question: Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $2,630 from Matthew Chapman and

Direct Write-Off Method

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

Mar. 17: Received $2,630 from Matthew Chapman and wrote off the remainder owed of $4,790 as uncollectible. If an amount box does not require an entry, leave it blank.

Mar. 17	Cash
	Bad Debt Expense
	Accounts Receivable-Matthew Chapman

Feedback

July 29: Reinstated the account of Matthew Chapman and received $4,790 cash in full payment.

July 29	Accounts Receivable-Matthew Chapman
	Bad Debt Expense
July 29	Cash
	Accounts Receivable-Matthew Chapman

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