At the beginning of the current period, Laramie Corporation had balances in Accounts Receivable of $244,000 and in Allowance for Doubtful Accounts of $11,400 (credit). During the period, Laramie had credit sales of $976,000 and collections on account of $931,700. Laramie expects a return rate of 5%. Laramie uses a perpetual inventory system and determined that the cost of goods sold during the period was $817,400. Laramie wrote off as uncollectible, accounts receivable of $9,800. However, a $4,500 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $30,500 at the end of the period. Prepare the entries to record sales, cost of goods sold, and collections during the period. (List all debit entries before credit entries. 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.) Debit Credit Account Titles and Explanation Accounts Receivable Sales (To record sales) (To record cost of goods sold) (To record collections) Prepare the entry to record the write-off of uncollectible accounts during the period. (List all debit entries before credit entries. 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 Ofor the amounts.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Prepare the entries to record the recovery of the uncollectible account during the period. (List all debit entries before credit entries. 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 O for the amounts.) Account Titles and Explanation Debit Credit (To reverse write-off of account receivable) (To record recovery of uncollectible amount) e Textbook and Media Prepare the entry to record bad debts expense for the period. (List all debit entries before credit entries. 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.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Using T accounts, determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. (Post entries in the order of journal entries presented in the previous question.) Accounts Receivable Allowance for Doubtful Accounts