Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables:
Feb 20 Received $500 from Andrew Warren and wrote off the remainder owed of $2,500 as uncollectible.
May 10 Reinstated the account of Andrew Warren and received $2,500 cash in full payment.

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The Answer of Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables:
Feb 20 Received $500 from Andrew Warren and wrote off the remainder owed of $2,500 as uncollectible.
May 10 Reinstated the account of Andrew Warren and received $2,500 cash in full payment.

Journalize the Following Transactions Using the Direct Write-Off Method of Accounting