Entries for Bad Debt Expense under the Direct Write-Off and Allowance Methods The following selected transactions were taken from the records of Shipway Company for the first year of its operations ending December 31: Apr. 13. Wrote off account of Dean Sheppard, $2,920. May 15. Received $1,460 as partial payment on the $3,880 account of Dan Pyle. Wrote off the remaining balance as uncollectible. July 27. Received $2,920 from Dean Sheppard, whose account had been written off on April 13. Reinstated the account and recorded the ca receipt. Dec. 31. Wrote off the following accounts as uncollectible (record as one journal entry): Paul Chapman $1,960 Duane DeRosa 1,460 Teresa Galloway 880 Ernie Klatt 1,230 440 Marty Richey 31. If necessary, record the year-end adjusting entry for the uncollectible accounts If no entry is required, select "No entry and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. a. Journalize the transactions under the direct write-off method, Apr. 13 May 15 > July 27 bbbbul II II III II. bubbl II II III II July 27 Dec. 31