The Wang Company uses the allowance method for estimating bad debts. Prepare journal entries to record the following transactions: January 5 Sold merchandise to Ed Norton for $3,400 on account. April 15 Received $1,200 from Ed Norton on account. August 21 Wrote off as uncollectible the balance of the Ed Norton account when he declared bankruptcy. October 5 Unexpectedly received a check for $900 from Ed Norton. The Ping Company believes that Norton will NOT sent any more money in the future