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At December 31, 2021. Pina Colada Corp. reported this information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $629.000 33,000 During 2022,

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At December 31, 2021. Pina Colada Corp. reported this information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $629.000 33,000 During 2022, the company had the following transactions related to receivables. 1. 2. $2,397,000 48.000 2,329,000 44,000 17.000 Sales on account Sales returns and allowances Collections of accounts receivable Write-offs of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible 3. 4. 5. Enter the January 1, 2022, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts (use T-accounts), and determine the balances. (Post entries in the order of journal entries presented in the previous part) Quest Account Accounts Receivable Ques Account Bal 629.000 48.000 (2) 2,397,000 > (3) 2.329.000 1 (5) Ques Accoun 17,000 (4) 44,000 (5) 17.000 Ques Accoun Bal. V 2.414,000 Allowance for Doubtful Accounts View Ques Accou 33,000 44,000 Bal 15) 17.000 Ques Accou 50.000 Bal

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