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The following represent different scenarios for Teal Mountain Company. Prior to any year-end adjusting entries, Teal Mountain Company had a balance in Accounts Receivable of $120,000. Credit sales during the period were $760,000, and $ ales Returns and Allowances were $19,000. If Teal Mountain Company uses the direct write-olf method to account for uncollectible accounts, fournalize the entry If on May 8 Teal Mountain determined that Randal Company's $450 balance is uncollectible. flist debit entry before credit entry. If no entry is required, select "Na Entry" for the account titles and enter of for the amounts. Credit sccount titles are automatically indented when the amount is entered, Do not indent manualiy) If Teal Mountain Company uses the allowance method to account for uncollectible accounts, fournalize the entry it on May 8 Teal Mountain determined that Randal Company's $450 balance is uncollectible. (List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Crane Co, has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31 . Nov. 1 Loaned $52,800 cash to C. Bohr on a 12 -month, 8% note. Dec. 11 Sold goods to K. R. Pine, Inc, receiving a $3,600,90-day, 95 note. 16 Received a \$7,200, 180-day, 9\$4 note to settle an open account from A. Murdock 31 Accrued interest revenue on all notes receivable. Journalize the transactions for Crane Co. (Omit cost of goods sold entries) (thist all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Use 360 days for calculation. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.J