The following represent different scenarios for Tamarisk Company. Prior to any year$-$end adjusting entries, Tamarisk Company had a balance in Accounts Receivable of $$122,000.$ Credit sales during the period were $$770,000,$ and Sales Returns and Allowances were $$20,000.$

$($a$)$

If Tamarisk Company uses the direct write$-$off method to account for uncollectible accounts, journalize the entry if on May $8$ Tamarisk determined that Randal Company's $$740$ balance is uncollectible. $($List debit entry before credit entry. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.$)$

Date Account Titles and Explanation

Debit

Credit

May $8$