X Company uses the allowance method to estimate uncollectible accounts and had the following transactions during 2021: January 16: X Company sold merchandise to Theo Company for $450 on account, terms 2/10, n/30 March 31: X Company got the authorized approval to write-off the $450 balance owed by Theo Company June 29: Theo Company paid the $450 amount that X Company had previously written off Refer to the above: The journal entry to record the Sale of goods on January 16, 2021 is: * Debit Cash $450 and credit Sales Revenue $450 Debit Account Receivable $450 and credit Cash $450 Debit Cash $450 and credit Account Receivable $450 None of the above Refer to the above: The journal entry to record the write-off of uncollectible accounts on March 31, 2021 is: * Debit AFDA $450 and credit Accounts Receivable $450 Debit Accounts Receivable $450 and credit AFDA $450 Credit Accounts Receivable $450 and Debit Accounts Payable $450 None of the above