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Direct Write$-$Off Method

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

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Mar. $17$: Received $$2,890$ from Matthew Chapman and wrote off the remainder owed of $$2,860$ as uncollectible. If an amount box does not require an entry, leave it blank.

Mar. $17$

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July $29$: Reinstated the account of Matthew Chapman and received $$2,860$ cash in full payment.

July $29$

July $29$