Journalize the following transactions, using the allowance method of accounting for uncollectible receivables:
Oct. 2. Received $3,080 from Keith MacPhearson and wrote off the remainder owed of $2,190 as uncollectible. If an amount box does not require an entry, leave it blank.
Dec. 20. Reinstated the account of Keith MacPhearson and received $2,190 cash in full payment.
Reinstate
Collection
