Jan. 19. Sold merchandise on account to Dr. Sinclair Welby, $42,800. The cost of the merchandise sold was $23,100. July 7. Received $11,600 from Dr. Sinclair Welby and wrote off the remainder owed on the sale of January 19 as uncollectible. Nov. 2. Reinstated the account of Dr. Sinclair Welby that had been written off on July 7 and received $31,200 cash in full payment.
Journalize the entry to record the write-off, assuming that the direct write-off method is used.