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Accounting 1010 Question I was unable to answer. Thank you for your time! Direct WriteOff Method Maria Rivera, owner of Rivera Phan'nacy, uses the direct

Accounting 1010 Question I was unable to answer. Thank you for your time!

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Direct WriteOff Method Maria Rivera, owner of Rivera Phan'nacy, uses the direct write-0H method in accounting for uncollectible accounts. Record the Following transactions in general joumal Form: Julyr 20 Wrote oFF $29.0? owed by Joe Balou ka, who has no assets. Oct. 15 Wrote off $1,409 owed by Alice Rose. who declared bankniptcy. If an amount box does not require an entry, leave it blank. Page: 1 DATE MCOUNT'ITI'LE DES FEES; DEBIT CREDIT 2 ' l:] l:] 2 3 Wrote off uncdledjhle account 3 I 5 " :1 :1 5 6 Wrote o: uncollectible amount 6

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