At December 31, 2018, Blue Spruce Corp. reported the following information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $960,000 82,000 During 2019, the company had the following transactions related to receivables. 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable Write-offs of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible $3,967.290 46.000 2.755,000 92,000 31.000 4. 5. Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not Indent manually No Account Titles and Explanation Debit Credit 1 Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable. (Credit account titles are automatically Indented when amount is entered. Do not indent manually.) No Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5 To reverse account previously written off.) (To record the collection of accounts receivable.)