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Direct write-off method Journalize the following transactions, using the direct write-off method of...

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Accounting

Direct write-off method
Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables.
Mar. 17: Received $2,690 from Shawn McNeely and wrote off the remainder owed of $4,470 as uncollectible. If an amount box does not require an entry, leave
it blank.
Mar. 17
i
,
:
July 29: Reinstated the account of Shawn McNeely and received $4,470 cash in full payment. If an amount box does not require an entry, leave it blank.
July 29
?
July 29
image

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