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A retailer applies the Direct Write-off Method in accounting for uncollectible accounts. Please prepared journal entries to record the following transactions: A. 10-1-21 The retailer

  1. A retailer applies the Direct Write-off Method in accounting for uncollectible accounts. Please prepared journal entries to record the following transactions:

A. 10-1-21 The retailer determines that it cannot collect $1,000 of its A/R from customer A. Bott.

B. 11-14-21 A. Bott unexpectedly pays his account in full to the retailer.

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