Prepare the following journal entries.

On March 1, suppose the Flora's Company made a credit sale for $3,000 on account to the Maryland Company.

On March 15, Floral Company received the amount of $1,500 from sales on credit

On March 30, the Maryland Company is experiencing cash flow problems and Flora's Company estimates that $1,500 is uncollectible.

On April 5, Flora's Company wrote off a bad debt account for $1,500

On April 30, recovering a bad account under the allocation method, if the Maryland Company pays the $1,500 that was written off, prepare the journal entry or entries.