Starfish inc. Presents the following information on their Statement of Balance - Partial Balance Sheet: Accounts Receivables - Trade Balance - $ 637,350; Allowances for Uncollectibles - $ 60,550; Notes Receivables $ 126,000. Total $ 702,800.

Related transactions for 2020: Jornalice in the space provided. Show calculations.

1. Of the Accounts Receivables - Trade in circulation $ 483,000 were collected. Of this amount, $ 210,000 was availed at 2/10, n / 30. Discount was honored.

2. In the previous year, $ 18,550 from a client - John Doe; of Accounts Receivables - Trade. A month later, the $ 18,550 was received from a relative of John Doe.

3. Another $ 61,250 was eliminated again from Accounts Receivables - Trade with prior authorization from the chief accountant.

4. At the end of the year, the Allowances for Uncollectibles is required to be $ 70,000. I recommend use T account