On March 10, May, Inc., declared a \$2,500 account receivable from Anders Company as uncollectible and wrote off the account. On November 18, May received an \(\$ 800\) payment on the account from Anders.

a. Assume that May uses the allowance method of handling credit losses. Prepare the journal entries to record the write-off and the subsequent recovery of Anders's account.

b. Assume that May uses the direct write-off method of handling credit losses. Prepare the journal entries to record the write-off and the subsequent recovery of Anders's account.

c. Assume that the payment from Anders arrives on the following February 5, rather than on November 18 of the current year. (1) Prepare the journal entries to record the write-off and subsequent recovery of Anders's account under the allowance method. (2) Prepare the journal entries to record the write-off and subsequent recovery of Anders's account under the direct write-off method.