*Problem 9-1A At December 31, 2016, House Co. reported the following information on its balance sheet. Accounts receivable $960,200 80,700 un Less: Allowance for doubtful accounts During 2017, the company had the following transactions related to receivables c 1. Sales on account ad 2. Sales returns and allowances $3,704,500 50,500 2,811,600 90,200 5. Recovery of bad debts previously witten off as uncollectible 29,350 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible nal in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts (use T-accounts), and determine the balances. (Post entries in the order of journal entries presented in the previous part.) Accounts Receivable (1)$3,704 T2,811,600 90,200 29,35 Bal. v 90,200 E Bal. 80 Bal. * 51350 7] Your answer is partially correct. Try again. 2017, assuming that an aging of accounts receivable indicates that expected bad debts are $115,000. (Credit account titles are automatically indented when amount is entered. Do not indent manuall Account Titles and Explanation Debit Credit Bad Debt Expense Allowance for Doubtful Accounts SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Your answer is incorrect. Try again. Version