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Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible receivables Mar. 17: Received $1,870 from Lan Kearns and wrote off the remainder owed of 52,920 as uncollectible. If an amount box does not require an entry, leave it blank Mar. 17 July 29 Accounts Payable-lan Kearns Accounts Receivable-lan Kearns Allowance for Doubtful Accounts Bad Debt Expense Cash s and received $2,920 cash in full payment. July 29 July 29 38 Allowance Method Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Mar. 17: Received $1,870 from Ian Kearns and wrote of the remainder owed of 2,920 as uncollectible Iran amount box does not require an entry, leave it blank Mar: 17 July 29: Reinstated the account of Ian Kearns and received $2,920 cash in full payment. July 29 July 29 Accounts Receivable-tan Kearns Accumulated Depreciation Office Equipment Bad Debt Expense Cash Sales