Entries for Uncollectible Accounts, using Direct Witte-Off Method Journalize the following transactions in the accounts of Canyon River Medical Co, a medical equipment company that uses the direct write of method of accourting for uncollectible recevables: Jan. 19 Sold merchandise an account to Dr. Kyle Norby, 545,100. The cost of goods sold was $24.400 June 2 Recelved $10,800 from Dr. Kyle Norty and wrote off the remainder owed on the sale of January 19 as uncollectible. Oct. 23 Reinstated the account of Dr. Kyle Norby that had been written off on June 2 and received $34,300 cash in full payment. For a compound transaction. If an amount box does not require an entry, leave blank Jan. 19-sale Jan. 19-cost June 2 > Oct 23 reinstate OCLL23-conection Entries for Uncollectible Receivables, using Allowance Method Journalize the following transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowance method of accounting uncollectible receivables: May 24 Sold merchandise on account to Old Town Cafe $19,300. The cost of goods sold was $12,500. Sept. 30 Received $3,600 from Old Town Cafe and wrote of the remainder owed on the sale of May 24 as uncollectible Dec. 7 Reinstated the account or Old Town Cafe that had been written off on September 30 and received $13,700 cash in full payment. For a compound transaction, if an amount box does not require an entry, leave it blank. May 24-sale May 24-cost Sept. 30 Dec. 7-reanstated Dec. 7-collection