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Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables. Mar. 17:...

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

Mar. 17: Received $2,640 from William Pruitt and wrote off the remainder owed of $2,900 as uncollectible. If an amount box does not require an entry, leave it blank.

Mar. 17

July 29: Reinstated the account of William Pruitt and received $2,900 cash in full payment.

July 29
July 29
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