At December 31, 2021, Blossom Imports reported this information on its balance sheet. Accounts receivable $592,000 Less: Allowance for doubtful accounts 41,000 During 2022, the company had the following transactions related to receivables.

1. Sales on account $2,780,000
2. Sales returns and allowances 50,000
3. Collections of accounts receivable 2,480,000
4. Write-offs of accounts receivable deemed uncollectible 44,000
5. Recovery of bad debts previously written off as uncollectible 17,000

Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit

1. enter an account title to record the first transaction enter a debit amount enter a credit amount enter an account title to record the first transaction enter a debit amount enter a credit amount

2. enter an account title to record the second transaction enter a debit amount enter a credit amount enter an account title to record the second transaction enter a debit amount enter a credit amount

3. enter an account title to record the third transaction enter a debit amount enter a credit amount enter an account title to record the third transaction enter a debit amount enter a credit amount

4. enter an account title to record the fourth transaction enter a debit amount enter a credit amount enter an account title to record the fourth transaction enter a debit amount enter a credit amount

5. enter an account title to record the fifth transaction to reinstate account previously written off enter a debit amount enter a credit amount enter an account title to record the fifth transaction to reinstate account previously written off enter a debit amount enter a credit amount