The December 31, 2020 balance sheet of the ABC had Accounts Receivable of $760,000 and a credit balance in Allowance for Doubtful Accounts of $28,200. During 2021, the following transactions occurred: sales on account $1,450.000: sales returns and allowances, $100,000: collections from customers, $982,250: accounts receivables written off, $45.000; previously written off accounts of $7.320 were collected. ABC Chart of Account: Chart of Account Account No. 1 20 A 5 7 Event Descriptions (a) Sales on account. $1,450,000 b) Sales returns and allowance, $100.000 c) collection of accounts receivable from customers. $982.250 d) Write off accounts receivable, $45,000 Description Enter the Account No. and amount for the entry. el accounts receivable recovery $7,320 Cash Journal entries for Sales. f) cash sales, total 2.000 Sales Revenue Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense Sales Return and Allowance Sales Discount 1320 Credit 0450000 45000