Question: Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Jan. 17: Received $2,580 from Ian Kearns and wrote off

Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Jan. 17: Received $2,580 from Ian Kearns and wrote off the remainder owed of $2.300 as uncollectible. If an amount box does not require an entry, leave it blank Jan. 17 Apr. 6: Reinstated the account of Ian Kearns and received $2,300 cash in full payment Reinstater Collection

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