Read the requirements. Now journalize the collection from Avery. Requirement 2. What are some limitations that Perfect Performance will encounter when usi A. Perfect Performance will encounter limitations with the direct write-off method becaus 1. Journalize the transactions for Perfect Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold. 2. What are some limitations that Perfect Performance will encounter when using the direct write-off method? B. Perfect Performance will encounter limitations with the direct write-off method becaus C. Perfect Performance will encounter limitations with the direct write-off method becaus expense of uncollectible accounts be matched with the related revenue. D. Perfect Performance will not encounter any limitations with the direct write-off method because it adheres to the matching principle by matching the expense of uncollectible accounts with the related revenue. March 5, 2025, Perfect Performance received Avery's check for $17,000 with a note apologizing for the late payment. Read the requirements. September 5: Perfect Performance wrote off its accounts receivable from Avery. March 5, Perfect Performance received Avery's check for $17,000 with a note apologizing for First journalize the reinstatement of Avery's accounts receivable. (Do not journalize the colled 1. Journalize the transactions for Perfect Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold. 2. What are some limitations that Perfect Performance will encounter when using the direct write-off method? Now journalize the collection from Avery. Read the requirements. Requirement 1. Journalize the transactions for Perfect Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.) June 1: Perfect Performance Cell Phones sold \$25,000 of merchandise to Avery Trucking Company on account. Ignore Cost of Goods Sold. July 15: Avery paid $8,000 of the account receivable. Requirements 1. Journalize the transactions for Perfect Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold. 2. What are some limitations that Perfect Performance will encounter when using the direct write-off method? September 5: Perfect Performance wrote off its accounts receivable from Avery