Question: Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Feb. 12: Received $800 from Leo Jorgenson and wrote off the

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

Feb. 12: Received $800 from Leo Jorgenson and wrote off the remainder owed of $2,400 as uncollectible. If an amount box does not require an entry, leave it blank.

May 3: Reinstated the account of Leo Jorgenson and received $2,400 cash in full payment.

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