Nash's Trading Post, LLC uses the allowance method for estimating uncollectible accounts. Prepare journal entries to record the following transactions: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record jour entries in the order presented in the problem.) January 5 April 15 August 21 October 5 Sold merchandise to Sue Land for $1,500, terms n/15. Received $400 from Sue Land on account. Wrote off as uncollectible the balance of the Sue Land account when she declared bankruptcy. Unexpectedly received a check for $600 from Sue Land. Debit you are surey Credit

Nash's Trading Post, LLC uses the allowance method for estimating uncolectiole xeounts. Prepare jomul mirm vereursos entries in the order presented in the problem) January 5 Sold merchandise to Sue Land for $1,500, terms N/15. April 15 Received $400 from Sue Land on account. August 21 Wrote off as uncollectible the balance of the Sue Land account when she dedared bankeupter: October 5 Unexpectedly received a check for $600 from Sue Land