1 View Policies Current Attempt In Progress Presented below are selected transactions of Splish Company, Splish sells in large quantities to other companies and also sells its product in a small retail outlet March 1 March 3 March Sold merchandise on account to Kirk Company for $5,400, terms 2/10, 1/30 Kirk Company returned merchandise worth $650 to Splish Splish collected the amount due from Kirk Company from the March 1 sale Splish sold merchandise for $10,800 in its retail outlet. The customers used their Splish credit card. Splish added 1.5% monthly interest to the customers' credit card balance Splsh collected $3,782 from credit card customers March 15 March 31 April 10 (5) Prepare journal entries for the transactions above (Credit account ttles are automatically indented when the amount is entered Do not indent manually. Listall debit entries before credit entries Record journal entries in the order presented in the problemIf no entry's required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Dobit Cred - 0.25 III required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit On December 31, 2021, when its Allowance for Doubtful Accounts had a debit balance of $1,469, Ivanhoe Company estimates that 11% of its accounts receivable balance of $77,700 will become uncollectible and records the necessary adjustment to Allowance for Doubtful Accounts. On May 11, 2022. Ivanhoe Company determined that B. Jared's account was uncollectible and wrote off $1.139. On June 12, 2022, Jared paid the amount previously written off. Prepare the journal entries on December 31, 2021, May 11, 2022, and June 12,2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit