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Allowance method Joumalize the following transactions, using the allowance method of accounting for uncollectible receivables. Mar. 1 7 : Received $ 3 , 4 1

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Allowance method
Joumalize the following transactions, using the allowance method of accounting for uncollectible receivables.
Mar. 17: Received $3,410 from Shawn McNeely and wrote off the remainder owed of $2,080 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 $2,080 cash in full payment.
July 29
July 29
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