Direct Write-Off Method Journalize the following transactions, using the direct write off method of accounting for uncollectible receivables. Mar. 17: Received $2,050 from William Pruitt and wrote off the remainder owed of $5,100 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 July 29: Reinstated the account of William Pruitt and received $5,100 cash in full payment. July 29 July 29