Enter the January 1,2025, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts and determine the balances. (Post entries in the order of journal entries presented in the previous part.) 1. Accounts Receivable Sales Revenue 2700000 2. Sales Returns and Allowances 50000 Accounts Receivable 50000 3. Cash 2515000 Accounts Receivable 4. Allowance for Doubtful Accounts 40000 2515000 Accounts Receivable 5. Accounts Receivable 14000 Allowance for Doubtful Accounts 14000 (To reinstate account previously written off) Cash 14000 40000 Accounts Receivable Enter the January 1,2025, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts and determine the balances. (Post entries in the order of journal entries presented in the previous part.) 1. Accounts Receivable Sales Revenue 2700000 2. Sales Returns and Allowances 50000 Accounts Receivable 50000 3. Cash 2515000 Accounts Receivable 4. Allowance for Doubtful Accounts 40000 2515000 Accounts Receivable 5. Accounts Receivable 14000 Allowance for Doubtful Accounts 14000 (To reinstate account previously written off) Cash 14000 40000 Accounts Receivable