Coca-Cola Company uses the direct write-off method of accounting for uncollectibles. On August 31, 20XX, Coca-Cola deemed that an amount of $550 due from Don Shore was uncollectible and wrote it off.

1.Please prepare the entry to write off the account on August 31.

2.On October 8, 20XX, Don Shore paid the $550.

5. Please prepare the entry to reinstate the account on October 8, and to record the cash received.