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, $3,030. May 15 Received $1,520 as partial payment on the $4,030 account of Dan Pyle. Wrote off the remaining balance as uncollectible. July 27 Received $3,030 from Dean Sheppard, whose account had been written off on April 13. Reinstated the account and recorded the cash receipt. Dec. 31 Wrote off the following accounts as uncollectible (record as one journal entry): Paul Chapman $2,030 Duane DeRosa 1,5201 Teresa Galloway, Ernie Klatt 910 1,270 450 Marty Richey Dec. 31 If necessary, record the year-end adjusting entry for the uncollectible accounts. For those amount boxes in which no entry is required, leave the box blank. If an entry is not required, select "No entry" from the dropdown box(es). a. Journalize the transactions under the direct write-off method. Apr. 13 May 15 July 27-reinstate July 27-collection Dec. 31-write-off >