Prepare the journal entries to record all of the 2024 transactions, including the adjustment for credit losses at vear end. (Credit account titfer are outomafically indented when amount is entered. Do not indent manually. If no entry is required, select Cullumber Equipment Sales Compary, which sells only on account, had a $136,000 balance in its Accounts Receivable and a $4,800 balance in its Allowance for Expected Credit Losses on December 31.2023. During 2024, the company's sales of equipment were $831.000, and its total cash collections from customers were $794,000. During year, the company identified customers with accounts totalling $6,600 that would be unable to pay and wrote these receivables off. However, one of these customers subsequently made a payment of $840. (Note that this amount is not included in the cash colfections noted above.) At the end of 2024, management grouped its receivables based on credit risk and estimated the expected rate of credit losses for eactigroup. Based on this, management determined that the total expected credit losses would be $7,350. (To record sales) (To record cash collected from customers) (To write off accounts recelvable) (To reinstate an account that were previously written oft) (To record recovery of account that were previcusly written off) (To recognize the credit losses)