E8-4 recording write-offs and recoveries [lo 8-2] prior to recording the following, elite electronics, inc., had a credit balance of $2,200 in its allowance for doubtful accounts. required: prepare journal entries for each transaction. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.) on august 31, a customer balance for $320 from a prior year was determined to be uncollectible and was written off. on december 15, the customer balance for $320 written off on august 31 was collected in full.