At the beginning of 2017, EZ Tech Company's Accounts Recelvable balance was s140,000, and the balance in Allowance for Doubtful Accounts was $2,350. EZ Tech's sales in 2017 were 050,000, 80% of which were on credt. Colections on account during the year were $670,000. The company wrote off $4,000 or uncollectible accounts during the y Required 1. Identify and analyze the sales during 2017 Activity Accounts Statement(s) Balance Sheet and Income Statement v Operating Cash Increase, Accounts Receivable Increase, Sales Revenue Increase How does this entry affect the accounting equation If a financial statement item is not affected, select "No Entry" and leave the amount box blank. If the effect on a financial statement item is negative, i.e, a decrease, be sure to enter the answer with a minus sign Balance Sheet Income Stockholders Assets Liabilities Equity Revenues Cash v No Entry O XSales Revenue V 0 No Entryv No Entry No Entry V Accounts Receivable v No Entry