P7.6B (LO 2,3) (Journalize Various Accounts Receivable Transactions) The balance sheet of Clemons Company at December 31, 2019, includes the following: Transactions in 2020 include the following: 1. Accounts receivable of $200,000 were collected including accounts of $90,000 on which 1% sales discounts were allowed. 2. $7,600 was received in payment of an account which was written off the books as worthless in 2020 . 3. Customer accounts of $21,680 were written off during the year. 4. At year-end. Allowance for Doubtful Accounts was estimated to need a balance of $18,680. This estimate is based on an analysis of aged accounts receivable