direct write of method

Ch 9-2 Practice Exercises Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received $2,930 from Ian Kearns and wrote off the remainder owed of $5,680 as uncollectible. If an amount box does not require an entry, leave it blank. Oct. 2 Dec. 20: Reinstated the account of lan Kearns and received $5,680 cash in full payment. Dec. 20- Reinstate Dec. 20-Collection