Direct Write Off Method Journalize the following transactions, using the direct write off method of accounting for uncollectible receivables Question Content Area Mar 17 Received $2,740 from Ian Kearns and wrote off the remainder owed of $5,180 as uncollectible If an amount box does not require an entry, leave it blank Mar 17 Accounts Payable Ian KearnsAccounts Receivable Ian KearnsAllowance for Doubtful AccountsCashSales Select Select Accounts Payable Ian KearnsAccounts Receivable Ian KearnsAllowance for Doubtful AccountsBad Debt ExpenseSales Select Select Accounts Payable Ian KearnsAccounts Receivable Ian KearnsAllowance for Doubtful AccountsCashSales Select Select Question Content Area July 29 Reinstated the account of Ian Kearns and received $5,180 cash in full payment July 29 Accounts Receivable Ian KearnsAllowance for Doubtful AccountsBad Debt ExpenseDividendsSales Select Select Accounts Receivable Ian KearnsAllowance for Doubtful AccountsBad Debt ExpenseDividendsSales Select Select July 29 Accounts Payable Ian KearnsAllowance for Doubtful AccountsAccumulated Depreciation Office EquipmentCashSales Select Select Accounts Receivable Ian KearnsAllowance for Doubtful AccountsAccumulated Depreciation Office EquipmentCashSales Select Select

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Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Question Content Area Mar. 17: Received $2,740 from

Direct Write-Off Method

Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables.

Question Content Area

Mar. 17: Received $2,740 from Ian Kearns and wrote off the remainder owed of $5,180 as uncollectible. If an amount box does not require an entry, leave it blank.

Mar. 17	Accounts Payable-Ian KearnsAccounts Receivable-Ian KearnsAllowance for Doubtful AccountsCashSales	- Select -	- Select -
	Accounts Payable-Ian KearnsAccounts Receivable-Ian KearnsAllowance for Doubtful AccountsBad Debt ExpenseSales	- Select -	- Select -
	Accounts Payable-Ian KearnsAccounts Receivable-Ian KearnsAllowance for Doubtful AccountsCashSales	- Select -	- Select -

Question Content Area

July 29: Reinstated the account of Ian Kearns and received $5,180 cash in full payment.

July 29	Accounts Receivable-Ian KearnsAllowance for Doubtful AccountsBad Debt ExpenseDividendsSales	- Select -	- Select -
	Accounts Receivable-Ian KearnsAllowance for Doubtful AccountsBad Debt ExpenseDividendsSales	- Select -	- Select -
July 29	Accounts Payable-Ian KearnsAllowance for Doubtful AccountsAccumulated Depreciation-Office EquipmentCashSales	- Select -	- Select -
	Accounts Receivable-Ian KearnsAllowance for Doubtful AccountsAccumulated Depreciation-Office EquipmentCashSales	- Select -	- Select -