Your answer is incorrect. Try again Compute the accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.4.) Accounts receivable turnover 557441 times ACDecCTDCT JI, ZUIO, Jmam UCK INC. IMpotS TepoTLcu thS omTation vm TS Daranmce Simcct. $548,100 38,810 Accounts receivable Less: Allowance for doubtful accounts During 2017, the company had the following transactions related to receivables Sales on account $2,851,100 1 Sales returns and allowances 2. 53,298 Collections of accounts receivable 3. 2,581,800 Write-offs of accounts receivable deemed uncollectible 4. 44,210 Recovery of bad debts previously written off as uncollectible 5. 13,620 Enter the January 1, 2017, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts and determine the balances. (Post entries in the order of journal entries posted in the previous part) Accounts Receivable 548100 53298 Bal. (2) 2851100 (1) (3) 2581800 13620 (5) 44210 (4) (5) 13620 719892 Bal. Allowance for Doubtful Accounts 44210 (4) Bal. 38810 13620 (5) 8220 Bal. P P