EXERCISE 2 Star Co. uses the allowance method of accounting for uncollectibles. On March 31, 20 Star deemed that an amount of $3,150 due from Jane Eades was uncollectible and wrote it off. On May 8,20 Eades paid the $3,150. uti (1) Prepare the entry to write off the account on March 31. (2) Prepare the entry to reinstate the account on May 8, and to record the cash received. JOURNAL