QS 7-6 (Algo) Allowance method for bad debts LO P2 Gomez Corporation uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,600 account of a customer, C. Green. On March 9, it receives a \$2,100 payment from Green. 1. Prepare the journal entry for January 31 . 2. Prepare the journal entries for March 9; assume no additional money is expected from Green. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record the reinstatement of Green's account, assuming no additional money is expected. Note: Enter debits before credits. Journal entry worksheet Record the cash receipt from Green. Note: Enter debits before credits