Presented below is information for Skysong Company 1. Beginning-of-the-year Accounts Receivable balance was $19.900. 2 Net sales (all on account) for the year were $104,200. Skysong does not offer cash discounts 3. Collections on accounts receivable during the year were $83,500 Your answer is correct. Prepare (summary) journal entries to record the items noted above. ( no entry is required, select "No Entry" for the account titles and enter O for the amounts, Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries) No. Account Titles and Explanation 1. No Entry No Entry 2 Accounts Receivable Sales Revenue Cach Accounts Receivable Debit 104200 83500 Credit 104200 83500