Problem 9-1A At December 31, 2016, House Co. reported the following information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $965,700 79,400 During 2017, the company had the following transactions related to receivables. 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible 5. Recovery of bad debts previously written off as uncollectible 29,500 $3,655,600 51,400 2,819,700 91,600 Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the automatically indented when amount is entered. Do not indent manually.) s of a No Account Titles and Explanation Debit Credit 2. 5, Enter the January 1, 2017, balances in Accounts Receivable (Post entries in the order of journal entries presented in the previous part.) and Allowance for Doubtful Accounts, post the entries to the two accounts (use T-accounts), and determine the balances