Question: Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,500. The

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

April 1 Sold merchandise on account to Jim Dobbs, $7,500. The cost of goods sold is $5,000.
June 10 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder.
Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment.

If an amount box does not require an entry, leave it blank.

April 1 fill in the blank 2 fill in the blank 3
fill in the blank 5 fill in the blank 6
April 1 fill in the blank 8 fill in the blank 9
fill in the blank 11 fill in the blank 12
June 10 fill in the blank 14 fill in the blank 15
fill in the blank 17 fill in the blank 18
fill in the blank 20 fill in the blank 21
Oct. 11 fill in the blank 23 fill in the blank 24
fill in the blank 26 fill in the blank 27
Oct. 11 fill in the blank 29 fill in the blank 30

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