Allowance method

Journalize the following transactions, using the allowance method of accounting for uncollectible receivables.

Mar. $17$: Received $$3,000$ from Shawn McNeely and wrote off the remainder owed of $$5,970$ as uncollectible. If an amount box does not require an entry, leave it blank.

Mar. $17$

July $29$: Reinstated the account of Shawn McNeely and received $$5,970$ cash in full payment.

July $29$ Accounts Receivable$-$Shawn McNeely

Allowance for Doubtful Accounts

July $29$

Accounts Receivable$-$Shawn McNeely