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wa LUUUR Entries for uncollectible accounts, using direct write off method S on of Accounts Journal Instructions Jan. 19. July 7. Sold merchandise on account

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wa LUUUR Entries for uncollectible accounts, using direct write off method S on of Accounts Journal Instructions Jan. 19. July 7. Sold merchandise on account to Dr. Dale Van Dyken, $15,160. The cost of the merchandise sold was $9,270. Received $4,280 Dr. Dale Van Dyken and wrote off the remainder owed on the sale of January 19 as uncollectible. Reinstated the account of Dr. Dale Van Dyken that had been written off on July 7 and received $10,880 cash in full payment Nov. 2. Required: Journalize the above transactions in the accounts of Champion Medical Co., a medical equipment company that uses the direct write-off method of accounting for uncollectible Entries for uncollectible receivables, using allowance method Instructions Chart of Accounts Journal Instructions May 1 Aug 30 Sold merchandise on account to Beijing Palace Co., 518,900 The cost of the merchandise sold was $11,200 Received $8,000 from Beijing Palace Co and wrote off the remainder owed on the sale of May 1 as uncollectible Reinstated the account of Beijing Palace Co. that had been written off on August 30 and received $10.900 cash in full payment Dec. 8 Required: Journalize the above transactions in the accounts of Sedona interiors Company restaurant supply company that uses the allowance method of accounting for uncollectible receivables. Refer to the Chart of Accounts for exact wording of account 100

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