Journalize the following transactions, using the direct write$-$off method of accounting for uncollectible receivables:

Question Content Area

Mar. $17.$ Received $$325$ from Shawn McNeely and wrote off the remainder owed of $$500$ as uncollectible. If an amount box does not require an entry, leave it blank.

DateAccountDebitCredit

Mar. $17$

Question Content Area

July $29.$ Reinstated the account of Shawn McNeely and received $$500$ cash in full payment. If an amount box does not require an entry, leave it blank.

DateAccountDebitCredit

July $29$

July $29$