Question: Journalize the following transactions, using the direct write - off method of accounting for uncollectible receivables: Question Content Area Mar. 1 7 . Received $

Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables:
Question Content Area
Mar. 17. Received $325 from Shawn McNeely and wrote off the remainder owed of $500 as uncollectible. If an amount box does not require an entry, leave it blank.
DateAccountDebitCredit
Mar. 17
Question Content Area
July 29. Reinstated the account of Shawn McNeely and received $500 cash in full payment. If an amount box does not require an entry, leave it blank.
DateAccountDebitCredit
July 29
July 29

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