Question: Direct write-off method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $2,430 from Shawn McNeely and

Joumalize the following transactions, using the direct write-off method of accounting for uncollectible recemables. Mar. 17: Received $2,430 from 5 hawn McNeely and wrote off the remainder owed of $3,110 as uncollectible, If an amount box does not require an entry, leave it blank. Ma Feestach F creck Mi 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 291 Reinstated the account of Shawn Moveely and received $3,110 cash in full poyment. If an amount box does not require an entry, leave it blank. Joumalize the following transactions, using the direct write-off method of accounting for uncollectible recemables. Mar. 17: Received $2,430 from 5 hawn McNeely and wrote off the remainder owed of $3,110 as uncollectible, If an amount box does not require an entry, leave it blank. Ma Feestach F creck Mi 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 291 Reinstated the account of Shawn Moveely and received $3,110 cash in full poyment. If an amount box does not require an entry, leave it blank
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