This problem continues the Davis Consulting situation from Problem P8-33 of Chapter 8. Davis reviewed the receivables list from the January transactions. Davis uses the allowance method for receivables, estimating uncollectibles to be 5% of January credit sales. $4,500. Davis identified on February 15 that a customer was not going to pay his receivable of $200. Journalize the January 31 entry to record and establish the allowance using the percent-of-sales method for January credit sales. Journalize the entry' to record the write-off of the customers bad debt