At the end of $2022,$ Pharoah Co$.$ has accounts receivable of $$730,400$ and an allowance for doubtful accounts of $$63,000.$ On January $24,2023,$ the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write$-$off of $$7,300.$

$($a$)$

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

Part B: what is the cash reliable value of the accounts receivable before the write off and after the write off?