! View Policies Current Attempt in Progress At December 31, 2019, Whispering Medical reported the following information on its statement of financial position R$ 950,500 Accounts receivable Less: Allowance for doubtful accounts 80,300 During 2020, the company had the following transactions related to receivables. 1. Sales on account R$ 3,667,400 2. 48,000 3. 2,807,300 Sales returns and allowances Collections of accounts receivable Write-offs of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible 4. 89.700 S. 28.200 ! ta) Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually) No Account Titles and Explanation Debit Credit 1. 2 3. - 4. 5. I (To reverse account previously written off) To record the collection of accounts receivable.) List of Accounts