Question 3 (of T value: 0.71 points M8-4 Recording Recoveries Using the Allowance Method [LO 8-2] On December 31, 2014, Extreme Fitness has adjusted balances of $980,000 in Accounts Receivable and accounts are not collectible, so management author Assume that on February 2, 2015, Extreme Fitness received a payment of $2,300 from one of the Allowance for Doubtful Accounts. On n January 2, 2015, the company learns that certain customer izes a write-off of these accounts totaling $28,000 customers whose balance had been written off. Prepare the journal entries to record this transaction. (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