Question

Direct write-off method
Journalize the following transactions, using the direct write-off method
of accounting for uncollectible receivables:

Apr. 15.

Received $800 from Jean Tooley and wrote off the remainder
owed of $1,200 as uncollectible

Aug. 7. Reinstated the account of Jean Tooley and received $1,200 cash in full payment.

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