High Performance Cell Phones sold \$20,000 of merchandise to Avery Trucking Company on account. Avery fell on hard times and paid only \(\$ 6,000\) of the account receivable. After repeated attempts to collect, High Performance finally wrote off its accounts receivable from Avery. Six months later High Performance received Avery's check for \(\$ 14,000\) with a note apologizing for the late payment.

Journalize for High Performance:

- Sale on account, \(\$ 20,000\). (Ignore cost of goods sold.)

- Collection of \(\$ 6,000\) on account. 

- Write-off of the remaining portion of the Avery account receivable. High Performance uses the allowance method for uncollectibles.

- Reinstatement of Avery's account receivable.

- Collection in full from Avery, \$14,000.