Journalize the following transactions using the direct write-off method of accounting for uncollectuble receivables Apr. 1. Sold merchandise on account to Jim Dobbs, 36,900 . The cost of goods sold is $4,600. June 10 Recelved payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Oct. 11 Reinstated the account of J im Dobbs and received cash in full payment