Entries for Uncollectible Accounts, using Direct Write-Off Method Soumalize 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 Dan. 19 Sold merchandise on account to Dr. Kyle Norby, $60,600. The cost of goods sold was $32.700 June 2 Received $17.600 from Dr. Kyle Norby and wrote of the remainder owed on the sale of January 19 as uncollectible Oct. 23 Reinstated the account of De Kyle Norty that had been written off on June 2 and received $43,000 cash in full payment. If an amount box does not require an entry, leave it blank. Jan. 19-sale Accounts Receivable-Dr. Kyle Norby Sales Jan. 19-cost Cost of Goods Sold III III. Inventory Cash June 2 Bad Debt Expense Accounts Receivable-Dr. Kyle Norby v Oct. 23-reinstate Accounts Receivable-br. Kyl Accounts Receivable-Dr. Kyle Norby v Bad Debt Expense Oct. 23-collection Cash Accounts Receivable-Dr. Kyle Norby Entries for Uncollectible Recolvables, 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 for uncollectible recevables May 24 Sold merchandise on account to Old Town Cafe, 513,300. The cost of goods sold was $9.600. Sept. 30 Received $2,900 from Old Town Cafe and wrote off the remainder owed on the sale of May 24 as uncollectible, Dec. 7 Reinstated the account of Old Town Cafe that had been written off on September 30 and received $10.400 cash in full payment If an amount box does not require an entry, leave it blank. May 24-sale Accounts Receivable Old Town Cafe Sales May 24-cost Cost of Goods Sold Inventory Sept. 30 Cash Allowance for Doubtful Accounts JU JI III II II JI JI JII II II Accounts Receivable-Old Town Cafe Dec. 7-reinstate Accounts Receivable-Old Town Cafe Accounts Receivable-old To Allowance for Doubtful Accounts Dec. 7-collection Cash Accounts Receivable-Old Town Cafe