Allowance Method

Journalize the following transactions, using the allowance method of accounting for uncollectiblereceivables.

Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Received $2,420 from Paula Spitler and wrote off the remainder owed of $3,630 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17. Mar. 17 July 29. July 29 July 29 Cash Allowance for Doubtful Accounts Accounts Receivable-Paula Spitler CZI Reinstated the account of Paula Spitler and received $3,630 cash in full payment.