the direct write-off method of accounting for uncollectible receivables. Journalize the following transactions using April 1 Sold merchandise on account to Jim Dobbs, $6,700. The cost of the merchandise is $7,700. June 10 Received $1,400 from Jim Dobbs and wrote off the remainder owed of $5,300. Oct. 11 Reinstated the account of Jim Dobbs and received $5,300 cash in full payment. If an amount box does not require an entry, leave it blank or enter "o". April 1 April 1 Dune 10 Oct. 11 Oct. 11