Question: 8-1-2 2. BE.08-02.ALGO (Algorithmic) Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible recelvables. Mar. 17: Received $1,960 from Keith

8-1-2 2. BE.08-02.ALGO (Algorithmic) Allowance Method Journalize the following transactions, using

8-1-2

2. BE.08-02.ALGO (Algorithmic) Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible recelvables. Mar. 17: Received $1,960 from Keith MacPhearson and wrote off the remainder owed of $4,210 as uncollectible. If an amount box does not require an entry, leave it blank. Mar, 17 July 29: Reinstated the account of Keith MacPhearson and received $4,210 cash in full payment. Reinstate Collection

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