Question: On December 3 1 , 2 0 2 4 , when its Allowance for Doubtful Accounts had a credit balance of ( $

On December 31,2024, when its Allowance for Doubtful Accounts had a credit balance of \(\$ 1,200\), Sheridan Garden Supply Company estimates that \(7\%\) of its accounts receivable balance of \(\$ 96,300\) will become uncollectible. On March 3,2025, Sheridan determined that Bernie Madoff's account of \(\$ 980\) was uncollectible. On May 15,2025, Madoff paid the amount previously written off. Prepare the journal entries for December 31,2024, March 3,2025, and May 15,2025.(Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter \( O \) for the amount in the relevant debit OR credit box. Entering zero in ALL boxes will result in the question being marked incorrect.)](To reinstate an account previously written off)(To record payment on account in full)
On December 3 1 , 2 0 2 4 , when its Allowance

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