M8-4 Recording Recoveries Using the Allowance Method [LO 8-2] of $970,000 in Accounts On $89,000 in Allowance for Doubtful Accounts. On January 2, 2015, the company learns that certain customar accounts are not collectible, so management authorizes a write-off of these accounts totaling $27,000. 31, 2014, Assume that on February 2, 2015, Extreme Fitness received a payment of $2,200 from one of the customers whose balance had been written off. Prepare the journal entries to record this transaction. (If no entry is required for a transactionlevent, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the reversal of a customer account previously written off in the amount of $2,200. Debit Credit Clear entry