E6-5 Uncollectible receivables, using allow Illustrate in the accou lowance method of accounting for uncollectible receivables: ance method the effects on the accounts and financial statements of the following transactions nts of Kitchen Depot Company, a restaurant supply company that uses the July 3 Received $2,500 on an account and wrote off the remainder owed of $11,000 as uncollectible Oct. 8 Reinstated the account that had been written off on July 3 and received $11,000 cash in full payment