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Entries for Uncollectible accounts, using ect write of Method Journalize the following transactions in the accounts of Champion Medical Co, a medical equipment company that

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Entries for Uncollectible accounts, using ect write of Method Journalize the following transactions in the accounts of Champion Medical Co, a medical equipment company that tes the direct write-off method of accounting for uncollectie receivable Sun 19. Sold merchandise on account to Dc Dale Van Dyken, $53,500. The cost of the merchandise sold was $28.900 July. Received $12,300 tror Ot Date Van Dyken and wrote of the remainder owed on the sale of January 19 as uncelled Nov. 2. Reinstated the account of Dc Dale Van Dyken that had been written off on July 7 and received $41,200 cash in full payment For compound transaction, mount box does not require an entry leave it Bank July 7. Received $12,300 from Dr. Dale Van Dyken and wrote off the remainder owed on the sale of January 19 as uncollectible: Nov. 2. Reinstated the account of Dr. Dale Van Dyken that had been written off on July 7 and received $41,200 cash in full payment. For a compound transaction, if an amount box does not require an entry, leave it blank. Jan. 19-sale Jan, 19-cost July 2 Nov. 2.reinstate Nov. 2-collection

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