Question: please help Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables. June. 10 Received exist1, 400 from Jim Dobbs and

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Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables. June. 10 Received exist1, 400 from Jim Dobbs and wrote off the remainder owed of exist4, 300. Oct. 11 Reinstated the account of Jim Dobbs and received exist4, 300 cash in full payment. For a compound transaction, if an amount box does not require an entry, leave it blank
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