EX 9-3 Entries for uncollectible accounts, using direct write-off met Journalize the following transactions in the accounts of Champion M equipment company that uses the direct write-off method of accounting for uncollectable hod edical Co., a medical receivables: Jan. 19. Sold merchandise on account to Dr. Dale Van Dyken, $30,000. The cost of the merchandise sold was $20,500. on the sale of January 19 as uncollectible. July 7 and received $18,000 cash in full payment. July 7. Received $12,000 from Dr. Dale Van Dyken and wrote off the remainder owed Nov. 2. Reinstated the account of Dr. Dale Van Dyken that had been written off on