Current Attempt in Progress At December 31, 2021, Carla Vista Imports reported this information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts 1. During 2022, the company had the following transactions related to receivables. 2. 3. 4. 5. Sales on account Sales returns and allowances $531,000 Collections of accounts receivable 27,000 Write-offs of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible $2,390,000 50,000 2,090,000 40,000 20,000

(a) Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable. (Omit cost of goods sold entries) (Credit occount tities are automatically indented when amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. (To reinstate account previously written off) (To record collection of accounts receivable) eTextbook and Media Current Attempt in Progress At December 31,2021, Carla Vista imports reported this information on its balance sheet. Accounts receivable $531,000 Less: Allowance for doubtful accounts 27.000 During 2022, the company had the following transactions related to receivables. 1. Sales on account $2,390000 2. Sales returns and allowances 50.000 3. Collections of accounts receivable 2,090,000 4. Write-offs of accounts receivable deemed uncollectible 40,000 5. Recovery of bad debts previously written off as uncollectible 20.000