Question: Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $1,970 from Matthew Chapman and wrote off the

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

Mar. 17: Received $1,970 from Matthew Chapman and wrote off the remainder owed of $4,180 as uncollectible. If an amount box does not require an entry, leave it blank.

Mar. 17

July 29: Reinstated the account of Matthew Chapman and received $4,180 cash in full payment.

July 29

July 29

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