At December 31.2017. Walla Walla Imports Inc. reported this information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $607.000 44,000 During 2018, the company had the following summary transactions related to receivables and sales Walla Walla uses the perpetual inventory system 2. 3. Sales on account amounted to $2,633.000. The cost of the inventory sold was $2,448.690. Sales returns and allowances with a total sales price of $41.000 and a cost of $38.130 were restored to inventory Collections of accounts receivable were $2,314,000 Write-offs of accounts receivable deemed uncollectible $49.100. Recovery of bad debts previously written oft as uncollectible, 514.900 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. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit 1. (To record sales) (To record cost of the merchandise sold) 2. To record sales returns and allowances) (To record cost of sales on sales returns) 3. 5. (To reverse write-off of account receivable) (to record recovery of uncollectible 5. (To reverse write-off of account receivable) (To record recovery of uncollectible amount)