Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible receivables: Oct. 2. Received $2,510 from Keith MacPhearson and wrote off the remainder owed of $3,790 as uncollectible. If an amount box does not require an entry, leave it blank. Oct. 2 Dec. 20. Reinstated the account of Keith MacPhearson and received $3,790 cash in full payment. If an amount box does not require an entry, leave it blank. Reinstate Collection