ADMN $1126$ F$2023$FinalVOVIIgcreuir sdTes, acCOurIS TecervabIe CoieCUois, andDaaueDIS assurieaperpewariveiory Syssummarized as follows:$2023$a$.$ Sold nerchandise on credit for $$2,170,000,$ terms nl$30($COGS $=$ $$1\mathrm{.}197,000)\mathrm{.}12323$b$.$ Wrote off uncollectible accounts receivable in the amount of $$32,900.$c$.$ Received cash of $$1,287,000$ in payment of outstanding accounts receivable.d$.$ In adjusting the accounts on December $31,$ concluded that $1\mathrm{.}5\%$ of the outstanding accounts receivable would beco$2024$e$.$ Sold merchandise on credit for $$2,837,000,$ terms n$/30($COGS $=$ $$1,540,000).$f$.$ Wrote off uncollectible accounts receivable in the amount of $$51,200.$g$.$ Received cash of $$2,137,000$ in payment of outstanding accounts receivable.h$.$ In adjusting the accounts on December $31,$ concluded that $1\mathrm{.}5\%$ of the outstanding accounts receivableCompany uses the allowance method to account for uncollectible.Required:Prepare journal entries to record Peru's $2023$ and $2024$ summarized transactions and the adjustingexpense at the end of each year. $($Round your intermediate calculations and final answers to ne$2023$Iiew transaction listtry worksheet$26$ o $26$ E