During August 2024, Lima Company recorded the following:
• Sales of $133,300 ($122,000 on account; $11,300 for cash). Ignore Cost of Goods Sold.
• Collections on account, $106,400.
• Write-offs of uncollectible receivables, $990.
• Recovery of receivable previously written off, $800.

Requirements
1. Journalize Lima’s transactions during August 2024, assuming Lima uses the direct write-off method.
2. Journalize Lima’s transactions during August 2024, assuming Lima uses the allowance method.