Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17: Received $3,110 from William Pruitt and wrote off the remainder owed of $7,560 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 Cash 3,380 X 1 Bad Debt Expense 2,970 X Accounts Receivable-William Pruitt 6,350 X 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 William Pruitt and received $7,560 cash in full payment. July 20 Accounts Receivable-William Pruitt Bad Debt Expense July 29 Cash Accounts Receivable-William Pruitt Feedback Check My Work In such cases where an account receivable that has been written off is later collected, the account is reinstated. Then record the payment for the account. Feedback Check My Work Partially correct