Problem 8-02A (Part Level Submission) At December 31, 2021, Ivanhoe Imports reported this information on its balance sheet. Accounts receivable $650,000 Less: Allowance for doubtful accounts 40,000 During 2022, the company had the following transactions related to receivables. 1. Sales on account $2,880,000 2. Sales returns and allowances 56,000 3. Collections of accounts receivable 2,580,000 Write-offs of accounts receivable deemed uncollectible 43,000 5. Recovery of bad debts previously written off as uncollectible 15,000 Prepare the joumal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts recevable. (Om cost of goods sold entries titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debat Credit 1. Accounts Receivable 2890000 Sales Revenue 2880000 2 Sales Returns and Allowances 55000 Accounts Receivable 56000 3. Cal 2500000 TV Accounts laceable 250000 Allowance for Doubtful Accounts 45000 Accounts Receivable 3000 5 Anuntuable 5000 150 wance for suhtlul court Tort cut out we 100 15000 (Tarenticton) Enter the January 1, 2022, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts and determine the balances (Post entries entries posted in the previous part) Accounts Receivable >