The Polar Trading Post, LLC uses the allowance method in accounting for uncollectible accounts. Past experience indicates that 5% of accounts receivable will eventually be uncollectible. Selected account balances at December 31, 2021, and December 31, 2022, appear below:

		12/31/2021		12/31/2022
Net Credit Sales		$400,000		$500,000
Accounts Receivable		80,000		100,000
Allowance for Doubtful Accounts		4,000

Record the following events in 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Aug.	10		Determined that the account of George Key for $900 is uncollectible.
Sept.	12		Determined that the account of Theo Mills for $2,000 is uncollectible.
Oct.	10		Received a check for $300 as payment on account from George Key, whose account had previously been written off as uncollectible.

Date Account Titles and Explanation Debit Credit (To reinstate account previously written off) (To record collection)