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Assignment/takeAssignmentMain.do?invoker &takeAssignmentSessionLocator &inprogress=false eBook Direct Write-Off Method Show Me How Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar.

image text in transcribed Assignment/takeAssignmentMain.do?invoker &takeAssignmentSessionLocator &inprogress=false eBook Direct Write-Off Method Show Me How Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $2,860 from Ian Kearns and wrote off the remainder owed of $2,600 as uncollectible. If an amount box does not require an entry, leave it blank Mar. 17 Cash Bad Debt Expense Accounts Receivable-lan Kearns Feedback Che My W Remember that under the direct write-off method, Bad Debt Expense is not recorded until the customer's account is determined to be worthless July 29: Reinstated the account of lan Keams and received $2,600 cash in full payment July 29 Accounts Receivable-lan Kearns Bad Debt Expense July 29 Cash Accounts Receivable-lan Kearns

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