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Direct write - off method Journalize the following transactions, using the direct write - off method of accounting for uncollectible receivables. Mar. 1 7 :

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Direct write-off method
Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables.
Mar. 17: Received $2,200 from Shawn McNeely and wrote off the remainder owed of $4,970 as uncollectible. If an amount box does not require an entry, leave it blank.
Mar. 17
Accounts Receivable-Shawn McNeely
July 29: Reinstated the account of Shawn McNeely and received $4,970 cash in full payment. If an amount box does not require an entry, leave it blank.
July 29
Allowance for Doubtful Accounts
July 29
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