Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $3,360 from Ian Kearns and wrote off the remainder owed of $8,130 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 Cash Bad Debt Expense Accounts Receivable-Tan Kearns Feedback Check My Work 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 Ian Keams and received 58,130 cash in full payment 20 Accounts Receivable-Tan Kearns Bad Debt Expense July 29 Cash Accounts Receivable lan Keams Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Mar. 17: Received $3,390 from Keith MacPhearson and wrote off the remainder owed of $4,000 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 Cash Allowance for Doubtful Accounts Accounts Receivable Keith MacPhearson Feedback Check My Work When a customer account is identified as uncollectible, it is written off against the allowance account July 29: Reinstated the account of Keith MacPhearson and received $4,000 cash in full payment. July 29 Accounts Receivable Keith MacPhearson Allowance for Doubtful Accounts dy 29 Cash Accounts Receivable Keith Marthearson