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es for uncollectible accounts, using direct write-off method structions Chart of Accounts Journal ructions Ian dan. 19 Sold merchandise on account to Dr. Dale Van
es for uncollectible accounts, using direct write-off method structions Chart of Accounts Journal ructions Ian dan. 19 Sold merchandise on account to Dr. Dale Van Dyken, $18,040. The cost of the merchandise sold was $9,550. Received $5,010 Dr. Dale Van Dyken and wrote off the remainder owed on the sale of January 19 as uncollectible. July 7. Nov. 2. Reinstated the account of Dr. Dale Van Dyken that had been written off on July 7 and received $13,030 cash in full payment. Required: Journalize the above transactions in the accounts of Champion Medical Co., a medical equipment company that uses the direct write-off method of accounting for uncollectible receivables. Refer to the Chart of Accounts for exact wording of account titles. All work saved. Email instructor Save and Ex Sul tv SRBA xw MacBook Air
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