At December 31, 2019 Oriole Co. reported the following information on its balance sheet Accounts receivable Less: Allowance for doubtful accounts $956,700 81,000 During 2020, the company had the following transactions related to receivables. 1 Sales on account $3,673,800 Sales returns and allowances 51.000 3. Collections of accounts receivable 4 Write-offs of accounts receivable deemed uncollectible 88,800 5. Recovery of bad debts previously written off as uncollectible 27.250 2 2.801,800 (a) 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) - 25 IN Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were takerton 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)