Christy Company uses the allowance method for estimating uncollectible accounts. Prepare journal entries to record the following transactions. Ignore any cost of goods sold entry in the sales transactions.

Jan5 Sold merchandise to Amy Fergenbaum for $1,000, terms n/15.

Apr15 Received $200 from Amy Fergenbaum on account.

Aug21 Wrote off as uncollectible the balance of the Amy Fergenbaum account when shedeclared bankruptcy.

Oct5 Unexpectedly received a cheque for $250 from Amy Fergenbaum. Christy does notexpect to receive any more payments from Fergenbaum.