Exercise 7-4 Direct write-off method LO P1 Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $9,800 of its accounts receivable from Leer Co. 29 Leer Co. unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt. Prepare journal entries to record the above transactions. View transaction list Journal entry worksheet 1 2 3 Record write off of Leer Co. account. Note: Enter debits before credits. Date March 11 General Journal Debit Credit Journal entry worksheet < 1 2 3 Record the reinstatement of an account previously written off. Note: Enter debits before credits. Date March 29 General Journal Debit Credit > Journal entry worksheet 1 2 3 Record the cash received on account. Note: Enter debits before credits. Date March 29 General Journal Debit Credit