Prepare journal entries to record the following under (a) the direct write-off method and (b) the allowance method. May 3Sal Company determines that it cannot collect its accounts receivable of $2,000 from Joey Company. May 21Sal Company unexpectedly receives payment of $2,000 cash from Joey Company toward its previously written-off account. Sal records recovery of this bad debt. Sal Company determines that it cannot collect its accounts receivable of $2,000 from Joey Company.