1. Accounts Receivable 2,650,000 Sales 2,650,000 2. Sales Returns and Allowances 55,000 Accounts Receivable 55,000 3. Cash 2,350,000 Accounts Receivable 2,350,000 4. Allowance for Doubtful Accounts 40,500 Accounts Receivable 40,500 5. Accounts Receivable 15,300 Allowance for Doubtful Accounts 15,300 (To reinstate account previously written off) Cash 15,300 Accounts Receivable 15,300 To racord collection of accounts rocnirala Bal.