Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables: mar. 17. received $275 from shawn mcneely and wrote off the remainder owed of $1,000 as uncollectible. if an amount box does not require an entry, leave it blank. mar. 17 july 29. reinstated the account of shawn mcneely and received $1,000 cash in full payment. july 29. july 29.

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.