Allowance Method Joumalize the following transactions, using the allowance method of accounting for uncollectible receivables: Oct. 2. Received $1,140 from Elita Ramirez and wrote off the remainder owed of $2,570 as uncollectible. If an amount box does not require an entry, leave it blank. Oct. 2 Dec. 20. Reinstated the account of thta Ramirez and received \$2,570 cash in full payment, If an amount box does not require an entry, leave it blank