journal entire

The following transactions were completed by Irvine Company during the current fiscal year ended December 31 : Feb. 8 Received 40% of the $18,000 balance owed by DeCoy Co., a bankrupt business, and wrote off the remainder as uncollectible. May 27 Reinstated the account of Seth Nelsen, which had been written off in the preceding year as uncollectible. Journalized the receipt of $7,350 cash in full payment of Seth's account. Aug. 13 Wrote off the $6,400 balance owed by Kat