Knowledge Check 01 Bellows Company uses the allowance method to account for uncollectible accounts. After making a concerted effort, Bellows' management determined that it will not be able to collect the $1,200 owed to it by its customer Acme Inc. Prepare the appropriate journal entry to record the receivable write-off. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the write off from accounts receivable. Note: Enter debits before credits. Transaction General Journal Debit Credit