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Sheridan Company uses the allowance method for estimating uncollectible accounts. Prepare journal entries to record the following manually Ust ali debit entries before credit entries

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Sheridan Company uses the allowance method for estimating uncollectible accounts. Prepare journal entries to record the following manually Ust ali debit entries before credit entries if na entry is required, select "No Entry' for the account tides and enter Ofor the amounts) January 5 Sold merchandise to Ryan Seacrest for $2,600, terms n/15. Apria 15 Recelved Sako from Rvan Seacrest on account: Ausurt 21 Wrote off as uncollectible the balance of the Ryan Seacrest account when he declared bankruptcy October 5 : Unexpectedly recelved a check for $690 from Ryan Seacrest. (To reverse write-ott of Ryan Seacrest account) (To record collection from Ryan Seacrest account)

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