The following transactions are related with HT Ltd. for the month of June, 2018 in reference to

account receivable. Prepare necessary journal entries to record the transactions if you know that the

company uses perpetual system.

Credit sale of $2,500, COGS is $800.

Collection of $1,000 on account.

Increase in allowance for doubtful accounts in the amount of $250 for estimated Bad-Debts.

Write-off of uncollectible account of $180