Question: Journalize the transactions, using the direct write-off method of accounting for uncollectible Refer to the Chart of Accounts for exact wording of account titles. Instructions

 Journalize the transactions, using the direct write-off method of accounting foruncollectible Refer to the Chart of Accounts for exact wording of account

Journalize the transactions, using the direct write-off method of accounting for uncollectible Refer to the Chart of Accounts for exact wording of account titles. Instructions Mar. 17 Received $1,280 from Shawn McNeely and wrote off the remainder owed of $4,140 as uncollectible. July 29 Reinstated the account of Shawn McNeely and received $4,140 cash in full payment. Journalize the above transactions, using the direct write-off method of accounting for uncollectible receivables. Refer to the Chart of Accounts for exact wording of account titles

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