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 $17,974. During February, she earned revenue of $21,246 on account and collected $23,479 on account. She also wrote off uncollectible receivables of $1,033 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 $18,570 of merchandise to Sunshine Delivery Co. on account. Sunshine Delivery Co. fell on hard times and on July 15 paid only $6,210 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 $12,360 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 $829 account receivable. On December 31, White sent a $829 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 1,033 February 28 A/R 1,033 Debit Credit 17,974 23,479 21,246 1,033 Double line14,708 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 18,570 June 1 Sales Revenue 18,570 July 15 Cash 6,210 July 15 A/R 6,210 September 5 Bad Debt Expense 12,360 September 5 A/R 12,360 March 5 A/R 12,360 March 5 Bad Debt Expense 12,360 March 5 Cash 12,360 March 5 A/R 12,360 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 829 July 19 A/R 829 December 31 A/R 829 December 31 Bad Debt Expense 829 December 31 Cash 829 December 31 A/R 829