EX 8-3 Entries for uncollectible accounts, using direct write-off method Joumalize the following transactions in the accounts of Pro Medical Co., a medical equipment company that uses the direct write-off method of accounting for uncollectible receivables: Jan. 30. Sold merchandise on account to Dr. Cindy Mott, $85,000. The cost of goods sold was $50,000. June 3. Received $48,000 from Dr. Cindy Mott and wrote off the remainder owed on the sale of January 30 as uncollectible. Nov. 27. Reinstated the account of Dr. Cindy Mott that had been written off on June 3 and received $37,000 cash in full payment