Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible rectivables: Mar. 17. Received $275 from Shawn McNeely and wrote off the remainder owed of $1,000 as uncollectible. If an amount box does not require an entry, leave it blank. Mar. 17 Allowance for Doubtful Accounts Accounts Payable-Shawn McNeely 1,000 1,275 Cash 275 July 29. Reinstated the account of Shawn McNeely and received $1,000 cash in full payment. July 29 Accounts Receivable-Shawn McNeely Allowance for Doubtful Accounts July 29