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At the end of 2021, Blossom Company has accounts receivable of $781,300 and an allowance for doubtful accounts of $37,200. On January 24, 2022, it is learned that the company's receivable from Madonna Inc is not collectible and therefore management authorizes a write-off of $7.100 Your answer is partially correct Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Bad Debt Expense 7100 Accounts Receivable 7100 eTextbook and Media List of Accounts D x Your answer is incorrect What is the cash realizable value of the accounts receivable (1) before the write-off and (2) after the write of? Heforn Write-OH After Write-On Cash reable value 281300 774200