GOR Show Me How Entries for Uncollectible Accounts, using Direct Wire-Off Method Journalize the following transactions in the accounts of Arrow Medical Co, a medical equipment company that uses the direct write-off method of account uncollectible receivables: Jan. 19. Sold merchandise on account to De Sinclair Welby, $39,400. The cost of the merchandise sold was $21,300 way 7. Received $11,000 from Dr. Sinclair Welby and wrote off the remainder owed on the sale of January 19 as uncollectible. Nov. 2. Reinstated the account of Dr. Sinclair Welby that had been written off on July 7 and received $28,400 cash in hul payment. If an amount box does not require an entry leave it blank Accounts Receivable-Dr. Sinclair Welby Jan. 19-sale Sales II II Tan. 19-COS II II QlI II II III II II Now reinstate Nov. 2-collection NE Oudy Work All work saved MacBook Air > 4 OD POD 14 80 FS F * 8 $ 4 % 5 & 7 9 8 0 6 P. E 0 70 U Y