Entries Related to Uncollectible Accounts The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December 31: Jan. 19 Reinstated the account of Arlene Gurley, which had been written off in the preceding year as uncollectible. Journalized the receipt of $1,735 cash in full payment of Arlenes account. Apr. 3 Wrote off the $9,940 balance owed by Premier GS Co., which is bankrupt. July 16 Received 35% of the $17,800 balance owed by Hayden Co., a bankrupt busi