Current Attempt in Progress Presented below are selected transactions of Sheridan Company. Sheridan sells in large quantities to other companies and also sells its product in a small retail outlet. March 1 3 9 Sold merchandise on account to Dodson Company for $9,800, terms 3/10,n/30. Dodson Company returned merchandise worth $1,000 to Sheridan Sheridan collected the amount due from Dodson Company from the March 1 sale. Sheridan sold merchandise for $700 in its retail outlet. The customer used his Sheridan credit card. Sheridan added 2.00% monthly interest to the customer's credit card balance. 15 31 Prepare journal entries for the transactions above. (Ignore cost of goods sold entries and explanations.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit On December 31, 2020, Pharoah Co estimated that 3% of its net accounts receivable of $419,600 will become uncollectible. The company recorded this amount as an addition to Allowance for Doubtful Accounts. The allowance account had a zero balance before adjustment at December 31, 2020. On May 11, 2021. Pharoah Co determined that the Jeff Shoemaker account was uncollectible and wrote off $2,098, On June 12. 2021. Shoemaker paid the amount previously written off Prepare the journal entries on December 31, 2020, May 11, 2021, and June 12, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record Journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To reverse write-off) (To record collection of write-off)