The balance sheet of Sheridan Company at December 31, 2024, includes the following. Transactions in 2025 include the following. 1. Accounts receivable of $150,500 were collected including accounts of $60,200 on which 3% sales discounts were allowed. 2. $5,580 was received in payment of an account which was written off the books as worthless in 2024 . 3. Customer accounts of $21,300 were written off during the year. 4. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of $25,800. This estimate is based on an analysis of aged accounts receivable. Prepare all journal entries necessary to reflect the transactions above. (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. List all debit entries before credit entries.)