At December $1,2020,$ Imalda Inc. reported the following information on its statement of financial position:

Accounts receivable $ $154,000$

Allowance for doubtful accounts $4,500($credit balance$)$

The following transactions were completed during December $2020$:

December $5$ Sold merchandise items for $$67,000.$ An amount of $$19,000$ was received in cash and the rest on account; terms $2/10,$ n$/60.$ The total cost of sales was $$35,000.$

December $12$ Collected cash for half of the credit sales made on December $5.$

December $20$ Collected $$90,000$ in cash from customers for credit sales made in November $2020.$

December $26$ One of Imalda$$s customers that owed $$3,000$ to the company experienced financial problems and was forced to close its business in December. The full amount was considered uncollectible.

Imalda uses the aging of accounts receivable method to determine bad debt expense. The aging schedule at December $31,2020,$ gives the following information about the accounts receivable estimated uncollectible:

Aging of accounts receivable

Current $130$ days

past due $3160$ days

past due Over $60$ days

past due

Total $ $42,000$ $ $31,500$ $ $5,000$ $ $6,500$

Estimated $\%$ uncollectible $1\%2\%10\%30\%$

Required:

$1.$ Prepare the journal entries to record the transactions that occurred in December $2020.($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$