Journalize the following transactions in the accounts of Champion 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. Dale Van Dyken, $54,500. The cost of the merchandise sold was $29,400.

July 7. Received $14,200 from Dr. Dale Van Dyken and wrote off the remainder owed on the sale of January 19 as uncollectible.

Nov. 2. Reinstated the account of Dr. Dale Van Dyken that had been written off on July 7 and received $40,300 cash in full payment.

Jan. 19-sale	Accounts Receivable-Dr. Dale Van Dyken
	Sales
Jan. 19-cost	Cost of Merchandise Sold
	Merchandise Inventory
July 7
Nov. 2-reinstate
Nov. 2-collection