At Dec.31, 200A, Muzzillo Imports reported the following information on its balance

| October 3, 2018

At Dec.31, 200A, Muzzillo Imports reported the following information on its balance sheet:Accounts Receivable $1,000,000Less:Allowance for doubtful accounts $60,000During 200B, the company had the following transactions related to receivables.1.Sales on account $2,600,0002.Sales returns and allowances $40,0003.Collections of accounts receivable $2,300,0004.Write-offs of accounts receivable deemed uncollectible $65,0005.Recovery of bad debts previously written off as uncollectible $25,000Prepare the journal entries to record each of the finve summary transactions of 200B

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