On December 31, 2024, when its Allowance for Doubtful Accounts had a credit balance of $1500, Acme Garden Supply Company estimates that 6% of its accounts receivable balance of $95,000 will become uncollectible. On March 3, 2025, Acme determined that Bernie Madoff's account of $950 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.
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