Question: question 25 Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $3,160 from Ian Kearns and wrote

question 25 Journalize the following transactions, using the direct write-off method

question 25

Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $3,160 from Ian Kearns and wrote off the remainder owed of $2,940 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 July 29: Reinstated the account of Ian Kearns and received $2,940 cash in full payment. July 29 July 29

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