At December 31, 2019, Windsor Medical reported the following information on its statement of financial position.

Accounts receivable		R$953,300
Less: Allowance for doubtful accounts		79,500

During 2020, the company had the following transactions related to receivables.

1.		Sales on account		R$3,690,000
2.		Sales returns and allowances		50,800
3.		Collections of accounts receivable		2,803,700
4.		Write-offs of accounts receivable deemed uncollectible		92,400
5.		Recovery of bad debts previously written off as uncollectible		28,400

Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable.

Enter the January 1, 2020, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts (use T-accounts), and determine the balances.

No Account Titles and Explanation Debit Credit 1. 1. 2. 3. 4. . 5. (To reverse account previously written off.) (To record the collection of accounts receivable.) Accounts Receivable