direct write-off method

Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received $3,480 from Matthew Chapman and wrote off the remainder owed of $3,450 as uncollectible. If an amount box does not require an entry, leave it blank. Oct. 2 Dec. 20: Reinstated the account of Matthew Chapman and received $3,450 cash in full payment. If an amount box does not require an entry, leave it blank Dec. 20-Reinstate Dec. 20-Collection