Allowance method entries The following transactions were completed by Wild Trout Gallery during the current fiscal year ended December 31: Jan. 19. Reinstated the account of Arlene Gurley, which had been written off in the preceding year as uncollectible. Journalize the receipt of $2,660 cash in full payment of Arlene's account Apc 3, wrote off the $12,750 balance owed by Premier GS Co., which is bankrupt. July 16. Received 2S% of the $22,000 balance owed by Hayden C, a bankrupt business, and wrote o" the remainder as uncollectible. Now. 23. Reinstated the account of Harry Can, which had been written off two years earlier as uncollectible. Recorded the receipt of $4,000 cash in full payment. Melinda Shryer, $1,200. adjusting entry Dec. 31. Wrote off the following accounts as uncollectible (compound entry): Cavey Co, $3,300; Fogle Co, $8,100; Lake Furniture, $11,400; on an analysis of the $2,350,000 of accounts receivable, it was estimated that $60,000 will be uncollectible. Journalize the