Question: Question Content Area Direct write - off method Journalize the following transactions, using the direct write - off method of accounting for uncollectible receivables. Question

Question Content Area
Direct write-off method
Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables.
Question Content Area
Mar. 17: Received $2,500 from Shawn McNeely and wrote off the remainder owed of $1,930 as uncollectible. If an amount box does not require an entry, leave it blank.
DateAccountDebitCredit
Mar. 17
Question Content Area
July 29: Reinstated the account of Shawn McNeely and received $1,930 cash in full payment. If an amount box does not require an entry, leave it blank.
DateAccountDebitCredit
July 29
July 29

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