Entries for Uncollectible Accounts, using Direct Write-off Method Journalize the following transactions in the accounts of Canyon River Medical Co., a medical equipment company that uses the direct write-off method of accounting for uncollectible receivables: Jan. 19 Sold merchandise on account to Dr. Kyle Norty, $36,400. The cost of goods sold was $19,700. June 2 Received $7,600 from Dr. Kyle Norby 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 $28,800 cash in full payment If an amount box does not require an entry, leave it blank