Question: Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Mar. 17: Received 51,970 from Keith MacPhearson and wrote of the remainder

Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Mar. 17: Received 51,970 from Keith MacPhearson and wrote of the remainder owed of $3,310 as uncollectible. If an amount box does not require an entry, leave it blank Mar. 17 July 29: Reinstated the account of Keith MacPhearson and received $3,310 cash in full payment. July 29 July 29

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