The balance sheet of Concord Compary at December 31, 2024, inchudes the following Transactions in 2025 include the following 1. Accounts recelivable of $144,200 were collected including acceunts of $67,600 on which 3 sales discounts were allowed. 2. $5,950 was received in payment of an account which was written off the boaks as worthless in 2024. 3. Customer accounts of $27,600 were written otf during the year. 4. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of $27,500. This estimate is based on an analysis of aged accounts recelvable. Prepare all journal entries necessary to reflect the transactions above. (if no entry is required, seiect "No Entry" for the eccount tides and enter 0 for the amounts. Credit account tities are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Tities and Explanation 1. 2. (To reinstate the accounts receivabie) (To record the colection on account) 3 Question 9 of 14 Accounts Forath Accounts Rectivabte Athertsing fxocne Allowinceleg Doubthd Acranti Allowance for Sales fetums and Alonances Bad Debt Expenise Caht Over and short Disceunt on Kotes Pavable Q icears on Netes Receivitit Due froin Factor Due ta Cintomer Eecity imsstments Frenghe in Frelestioui Gum on Disenaice Lain Interest Eipence Interes Papable Interest Receivable Interest fevenue. Inventary Hand Loss on Disposal of irwestrent Loks on Side of Recelvables Maintenance and Repalis Expenve Misceliancous Expense No Entry Notes Payable Notes Receivalie Offece Expense Qince 5upplits Expensm Owhers Draiming Purchase Discounts Receivable from Factor Recourse Liability Refund Liability Sales Discounts Sales Discounts Forfeited Sales Returns and Allowances. Sales Revenue Service Revenue Supplies Supplies Expenses Unearned Sales Revenue Sive for Later Attempts: 0 of 15 used submit Aaver