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Question 6 of 6 0.4/2 View Policies Show Attempt History Current Attempt in Progress At December 31, 2021, Oriole Imports reported this information on its

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Question 6 of 6 0.4/2 View Policies Show Attempt History Current Attempt in Progress At December 31, 2021, Oriole Imports reported this information on its balance sheet. $620,000 Accounts receivable Less: Allowance for doubtful accounts 42.000 During 2022, the company had the following transactions related to receivables. 1 $2,810,000 2 63,000 3 Sales on account Sales returns and allowances Collections of accounts receivable Write-otts of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible 2.510.000 4 44,000 5. 15,000 (a) Question 6 of 6 0.4/2 III 1 Accounts Receivable 2810000 Sales Revenue 2810000 2 Sales Returns and Allowances 63000 Accounts Receivable 63000 Cash 2510000 Accounts Receivable 2510000 Allowance for Doubtful Accounts 44000 .. Accounts Receivable 44000 5 Rounts Receivable 15000 ce for Doudut Accounts 15000 (To reinstate account previously written off) 15000 15000 (5) 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 joumal entries posted in the previous part) Accounts Receivable 1 Allowance for Doubtful Accounts

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