4. Handel Company uses the allowance method for estimating uncollectible accounts. Prepare journal entries to record the following transactions: January 5 Sold merchandise to Terry Richman for $3,000, terms n/15. April 15 Received $600 from Terry Richman on account. August 21 Wrote off as uncollectible the balance of the Terry Richman account when she declared bankruptcy. October 5 Unexpectedly received a check for $400 from Terry Richman. It is not felt any more will be received from Richman