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, $4,890. May 15. Received $2,450 as partial payment on the $6,500 account of Dan Pyle. Wrote off the remaining balance as uncollectible. July 27. Received $4,890 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 $3,280 Duane DeRosa 2,450 Teresa Galloway! 1,470 Ernie Klatt 2,050 Marty Richey 730 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.