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Show Me How Print Item Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received

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Show Me How Print Item Direct Write-Off Method Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: Oct. 2: Received $3,400 from William Pruitt and wrote off the remainder owed of $5,850 as uncollectible. If an amount box does not require an entry, leave it blank Oct. 2 BE Dec. 20: Reinstated the account of William Pruitt and received $5,850 cash in full payment. If an amount box does not require an entry, leave it blank Dec. 20-Reinstate DI Dec, 20-Collection

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