The statement of financial position of Reynolds Corp. at December 31, 2013, includes the following:

Transactions in 2014 include the following:
1. Accounts receivable of $138,000 were collected. This amount includes gross accounts of $40,000 on which 2% sales discounts were allowed.
2. An additional $6,700 was received in payment of an account that was written off in 2014.
3. Customer accounts of $19,500 were written off during the year.
4. At year end, Allowance for Doubtful Accounts was estimated to need a balance of $21,000. This estimate is based on an analysis of aged accounts receivable.
Instructions
Prepare all necessary journal entries to reflect the information above.

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Notes receivable Accounts receivable Less: Allowance for doubtful accounts(17,300) 26,000 182,100 $190,800