Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received $2,900 from Ian Kearns and wrote off the remainder owed of $6,470 as uncollectible. If an amount box does not require an entry, leave it blank. Oct. 2 Dec. 20: Reinstated the account of Ian Kearns and received $6,470 cash in full payment, Dec. 20-Reinstate Dec. 20-Collection