Question 1 of 4 1.25 / 4 IT At December 31, 2021, Blossom Imports reported this information on its balance sheet. $592.000 Accounts receivable Less: Allowance for doubtful accounts 41.000 During 2022, the company had the following transactions related to receivables. 1. 2 Sales on account Sales returns and allowances Collections of accounts receivable Write-offs of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible $2.780,000 50,000 2,480,000 3. 44.000 4. 17.000 5. Project 2 part 4 Question 1 of 4 > 1.2514 I! Question List Viewing question 1 1.2574 Your answer is correct 313 Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable. (Omit cost of goods sold entries. (Credit account titles are automatically indented when amount Is entered. Do not indent manually Question 2 Question 3 212 No. Account Titles and Explanation Debit Credit 1 Accounts Receivable 2.780.000 1862 Question 4 Accounting room 2.700.000 Sales Revenge 50.000 2. Sales Returwand Allowances 50.000 Accounts Receivable 9:16 PM 3 EN parts Question 1 of 4 > 1.25/4 Question List Accounts Receivable 50 000 3 Viewing Question 1 Account 2.400.000 1.25 Accounts Receivable 2.480.000 Question 2 Anti Mo 4. Allowance for Doubtful Accounts 44000 2 Question 3 Account Accounts Receivable 44.000 5. Accounts Receivable 17000 1.86 Question 4 Accordo Allowance for Doubtful Accounts 17.000 (To reinstate account previously written off) Cash 17.000 516 11 4143 Q ENG Project Question 1 of 4 > 1.25 / 4 ITT Question List Accounts Receivable 44000 Viewing Question 1 Account 5 Accounts Receivable 17.000 Question 2 Accounting part Allowance for Doubtful Accounts 17,000 HUN (To reinstate account previously written off) Question 3 Account Dropdown Cash 17.000 17.000 Question 4 Anti Dropdown Accounts Receivable (To record collection of accounts receivable) e Textbook and Media 43F E ENG Wuestion 1 of 4 1.25 / 4 ili Question List Your answer is partially correct. Viewing Questio 1 Accounting 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 in the order of journal entries posted in the previous part) Question 2 Accounting Accounts Receivable Question 3 Accounting Decodowe 563000 12) 52000 Question 4 ng brper (1) 2470000 13) 217000 15) 15000 (4) 45000 15) 15000 A Type here to search 4395 o O Project 2 part 4 Question 1 of 4 1.25/4 E Question List (5) 15000 Viewing Question 1 Accounting Multi Bal. 766000 Allowance for Doubtful Accounts Question 2 Account Mumart (4) 45000 (1) 39000 Question 3 Accounting Dropdown (5) 15000 Question 4 Accounting Dropdown Bal 9000 e Textbook and Media
