At December 31, 2019, House Co. reported the following information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $960,000 80,000 During 2020, the company had the following transactions related to receivables. 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible 5. Recovery of bad debts previously written off as uncollectible $3,700,000 50,000 2,810,000 90,000 29,000 Prepare the journal entry to record bad debt expense for 2020, suming that an aging of accounts receivable indicates that expected bad debts are $115,000. (Credit account titles are automatic Indented when amount is ered. Do not indenit mamually) Account Titles and Explanation Dett Great W TO ACCOUNT LI YATEKT LINK TO TEXT TITIK VIDEO SIILAR PROBLEM your answer correct. Try again Compute the accounts receivable turntiver for 2020, assuming the expected bad debt information provided in (c)(Hound answer to decimal places... 25.25.) Accounts receivable turnoverato tines