Entries for Uneollectible Accounts, using Direct Wrise Out Method Jourmalize the following transactions in the accounts of Champion Medical Co.y a medical equipment company that uses the direct wote-off method of accounting for uncollectible receivabies: Jan. 19. Sold merchandise on aocount to Dr. Dele Van Dyken, \$30,000. The cost of the merchandise sold was 520,500. July 7. Received 512,000 from Dr. Dale Ven Dyken and wrote off the remainder owed an the sale af January 19 as uncollechble. Nov. 2. Acinstated the accecat of De. Dafe Van Dyken that hod been writen off on luly 7 and received s18,000 cash in full payment