Journalize the above transactions in the accounts of MidwestMedical Co., a medical equipment company that uses the directwrite-off method of accounting for uncollectible receivables. Referto the Chart of Accounts for exact wording of account titles.Feb. 3. Sold merchandise on account to Dr. Jill Hall, $17,910.The cost of the merchandise sold was $9,920.Sept. 10. Received $4,670 from Dr. Jill Hall and wrote off theremainder owed on the sale of February 3 as uncollectible.Dec. 21. Reinstated the account of Dr. Jill Hall that had beenwritten off on September 10 and received $13,240 cash in fullpayment.
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