Entries for Uncollectible Accounts, using Direct Wrike-Off Method Joumalize the following transactions in the accounts of Canyon River Medical Coy a medical equipment company that uses the direct write-off method of accounting for uncoliectible receivables Jan. 19 Sold merchandise on account to De, Kyle Norty, 563,300 . The cost of goods sold was $34,200. June 2 Recelved $12,700 from De. Kyle Norby and wrote off the remainder owed on the sale of January 19 as uncoliectble. Oct. 23 Reinstated the account of Dr. Kyle Norby that had been written off on fune 2 and recelved 550,600 cash in full paymient. If an amount box does not require an entry. leave it blank. lowing transactions in the accounts of Canyol eivables: erchandise on account to Dr. Kyle Norby, $63 ed $12,700 from Dr. Kyle Norby and wrote off ited the account of Dr. Kyle Norby that had be does not require an entry, leave it blank