modern machine shop mms inc manufactures special moulds that are used in the production of plastic toys/

Additional information is as follows:
a. MMS sold its special moulds at $ 500 each.
b. All sales were on credit with terms 2/ 10, n/ 30.
c. MMS records included the following items and their balances as at September 30, 2015:
Net sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 100,000
Trade receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,500
Allowance for doubtful accounts (credit balance) . . . . . . . . . 1,300
Required:
1. Prepare the journal entries to record the transactions on October 8, November 5, November 16, and December 20.
2. MMS uses the aging of trade receivables method to determine the amount of receivables that may not be collectible in the future. Its estimated uncollectible rates are as follows: