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This exercise continues the situation of exercise $ 4 - 7 , ?in which Environmental Products ended the year 2 0 X 1 ?with accounts

This exercise continues the situation of exercise $4-7, ?in which Environmental Products ended the year 20X1 ?with accounts receivable of $80,000 ?and an allowance for uncollectible accounts of $17,500. ?During 20X2, ?Environmental Products completed the following transactions:1. ?Credit sales, $1,000,0002. ?Collections on account, $880,0003. ?Write-offs of uncollectibles, $16,0004. ?Bad debr expense, $15,000Journalize the 20X2 ?transactions for Environmental Products. Explanations are not required.

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