EX 9-3 Entries for Uncollectible Accounts, Using Direct Write-Off Method And also do the T account OBJ.3 Journalize the following transactions in the accounts of Arrow Medical Co., a medical equipment company that uses the direct write-off method of accounting for uncollectible receivables: Jan. 19. Sold merchandise on account to Dr. Sinclair Welby, $77,000. The cost of the mechandise sold was $52,600. July 7. Received $30,800 from Dr. Sinclair Welby and wrote