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eBook Show Me Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received $2,160 from
eBook Show Me Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received $2,160 from Ian Kearns and wrote off the remainder owed of $1,430 as uncollectible. If an amount box does not require an entry, leave it blank. Oct. 2 88 Dec. 20: Reinstated the account of Ian Kearns and received $1,430 cash in full payment. If an amount box does not require an entry, leave it blank. Dec. 20-Reinstate Dec. 20-Collection
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