sin's Creed III Achieve an overall MYCAREER Official club NOW2 Online X + pagenow.com/ilm/takeAssignment/takeAssignment Main.do?invoker=&takeAssignmentSessionLocato Uncollectible Accounts, Using Direct Write-Off Method Illustrate the effects on the accounts and financial statements of the following transactions in the accounts of Valley Care & Supplies Co. local hospital supply company that uses the direct write-off method of accounting for uncollectible receivables: If no account or activity is affected, select "No effect from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts March 18. Received $12,125 on an account. Balance Sheet Stockholders Equity Assets Liabilities Cash Allowance for doubtful accounts Mar. 15 Cash Income Statement Statement Merchandise Inventory Ne effect March 18. Wrote of the remaining $75,150 owed on account as uncollectible Balance Sheet Liabilities Stockholders Equity Assets de 11:20 PM 10/22/20 20 sin's Creed III Achieve an overall MYCAREER Official club NOW2 Online X + pagenow.com/ilm/takeAssignment/takeAssignment Main.do?invoker=&takeAssignmentSessionLocato Uncollectible Accounts, Using Direct Write-Off Method Illustrate the effects on the accounts and financial statements of the following transactions in the accounts of Valley Care & Supplies Co. local hospital supply company that uses the direct write-off method of accounting for uncollectible receivables: If no account or activity is affected, select "No effect from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts March 18. Received $12,125 on an account. Balance Sheet Stockholders Equity Assets Liabilities Cash Allowance for doubtful accounts Mar. 15 Cash Income Statement Statement Merchandise Inventory Ne effect March 18. Wrote of the remaining $75,150 owed on account as uncollectible Balance Sheet Liabilities Stockholders Equity Assets de 11:20 PM 10/22/20 20