Try another version of these questions Joyce Davenport is an attorney in New York. Davenport uses the direct write-off method to account for uncollectible receivables. At January 31, 2020, Davenport’s accounts receivable totaled $18,530. During February, she earned revenue of $20,073 on account and collected $23,549 on account. She also wrote off uncollectible receivables of $1,463 on February 28, 2020. Use the direct write-off method to journalize Davenport’s write-off of the uncollectible receivables. What is Davenport’s balance of Accounts Receivable at February 28, 2020? On June 1, Can You Hear Me Cell Phones sold $18,689 of merchandise to Sunshine Delivery Co. on account. Sunshine Delivery Co. fell on hard times and on July 15 paid only $7,728 of the accounts receivable. After repeated attempts to collect the balance Can You Hear Me Cell Phones wrote off its accounts receivable from Sunshine Delivery Co. on September 5. Six months later, March 5, Can You Hear Me Cell Phones received a check for $10,961 with a note apologizing for the late payment from Sunshine Delivery Co. Journalize the transactions for Can You Hear Me Cell Phones using the Direct Write-off Method. High Mountain Cycles had trouble collecting its account receivable from Betty White. On July 19, 2020 High Mountain Cycles finally wrote off White’s $1,095 account receivable. On December 31, White sent a $1,095 check to High Mountain Cycles. Journalize the entries required for High Mountain Cycles, assuming High Mountain uses the direct write-off method. Date Description Debit Credit February 28 February 28 Debit Credit Double line Double line Date Description Debit Credit February 28 Bad Debt Expense 1,463 February 28 A/R 1,463 Debit Credit 18,530 23,549 20,073 1,463 Double line13,591 Double line Date Description Debit Credit June 1 June 1 July 15 July 15 September 5 September 5 March 5 March 5 March 5 March 5 Date Description Debit Credit June 1 A/R 18,689 June 1 Sales Revenue 18,689 July 15 Cash 7,728 July 15 A/R 7,728 September 5 Bad Debt Expense 10,961 September 5 A/R 10,961 March 5 A/R 10,961 March 5 Bad Debt Expense 10,961 March 5 Cash 10,961 March 5 A/R 10,961 Date Description Debit Credit July 19 July 19 December 31 December 31 December 31 December 31 Date Description Debit Credit July 19 Bad Debt Expense 1,095 July 19 A/R 1,095 December 31 A/R 1,095 December 31 Bad Debt Expense 1,095 December 31 Cash 1,095 December 31 A/R 1,095