feb 8. received 40% of the $18,200 balance

remainder as uncollectible uncollectible Journalized the receipt of $7,400 cash in full payment of Seth's account Wrote off the $6.465 balance owed by Kat Tracks Co., which has no assets Aug. 13 uncollectible Journalized the receipt of $3,830 cash in full payment of the account Wrote off the following accounts as uncollectible (compound entry): Newbauer Co. $7.190 Bonneville Co, S5 510: Crow Distributors, $9,410. Fiber Optics, $1 205 Dec 31