Question: This exercise continues the situation of exercise S4-7, in which Environmental Products ended the year 2016 with accounts receivable of $80,000 and an allowance for

This exercise continues the situation of exercise S4-7, in which Environmental Products ended the year 2016 with of $80,000 and an allowance for uncollectible accounts of $17,500. During 2017, Environmental Products completed the following transactions:
1. Credit sales, $1,000,000
2. Collections on account, $880,000
3. Write-offs of un-collectibles, $16,000
4. Bad debt expense, $15,000
Journalize the 2017 transactions for Environmental Products. Explanations are not required.

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