Please help! thnaks in advance

Links Ltd. has been in business for several years and as the towing information fortsettended December 31, 2020 2 3 4 Total sales for the year were $3.550.000, of which were oncourt The company estimates bad debts to be 43 of credit sales Links Lod. began the year with $630.000 in counts receivable and a normal credit to warto doubt accounts of $81.000 Links Lid writes off customer accounts that have been outstanding for more than 120 cars. During the accounts with a carrying amount of $72.000 reached the 120 day mark and were written oft The company uses a collection agency to try to collect accounts that have been written oft. The collection agency was able to collect 123.000 from customers whose accounts had previously been written During the year the company collected 51.830,000 of its accounts receivable 5 6 fa Your answer is para correct Prepare a summaryjournal entry for the credit sales and journal entries to record the above transactions on the books of Links Ltd on December 31, 2020. (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 ount Titles and Explanation Debit Credit 52230000 Svete 315.000 record credit sales obetti on $5.50 500 595 SO recognize the bad debts expense) Tout $72.000 $72.000 write off accounts judged uxlectible) 2000 down or oth 522.000 reinstate an account that was previously ten off) 332000 SEO Accounce witte of accounts judged uncollectible) conti Recevi Allowance for thut Accounts reinstate an account that was previously ten off) 522000 Sushi Accounts Recente record subsequent collection of accounts t were previously written off) S330.000 We SL300.000 co record collection of accounts receivable) eTextbook and Media List of Accounts Attempts: 2 of 2 used (b) Your answer is partially correct Calculate the Dec 31, 2020 balances for Accounts receivable and the Allowance for doubtful accounts $ 85.000 Accounts Receivable 5 152.850 Allowance for Doubtful Accounts eTextbook and Media Ust of Accounts Attempts: 1 of 2 used Sibelt Answer Save for later le Festion come order TN part bewable when you complete the part above