To record the collection cash is incorrect

At December 31, 2021, Pharoah Company reported this information on its balance sheet. Accounts receivable $569,000 Less: Allowance for doubtful accounts 34,000 During 2022, the company had the following transactions related to receivables. 1. Sales on account $2,422,000 2. Sales returns and allowances 45,000 3. Collections of accounts receivable 2,084,000 4. Write-offs of accounts receivable deemed uncollectible 41,000 5. Recovery of accounts previously written off as uncollectible 15,000 No Account Titles and Explanation Debit Credit 1. Accounts Receivable 2422000 Sales Revenue 2422000 2. Sales Returns and Allowances 45000 Accounts Receivable 45000 3. Cash 2084000 Accounts Receivable 2084000 4. Allowance for Doubtful Accounts 41000 Accounts Receivable 41000 5. Accounts Receivable 15000 Allowance for Doubtful Accounts 15000 HOME (To reverse account previously written off.) Cash 15000 Accounts Receivable 15000 (To record the collection of accounts receivable.)