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At the end of 2016, Oriole Company has accounts receivable of $739,500 and an allowance for doubtful accounts of $23,560. On January 24, 2017. it

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At the end of 2016, Oriole Company has accounts receivable of $739,500 and an allowance for doubtful accounts of $23,560. On January 24, 2017. it is learned that the company's receivable from Madonna Inc is not collectible and therefore management authorizes a write-off of $4,031. Use a tabular summary to record the write-off. Enter 2016 amounts as beginning balances. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.3. (45).) Assets Llabilities + Allow. For Doubtful Accts Common Stock Accts. Rec. $ Beg Bal. Jan 24 Adj. Bal. e Textbook and Media What is the cash realizable value of the accounts receivable before the write-off and after the write-off? Before Write-Off After Write-Off Cash realizable value $ Use a tabular summary to record the write-off. Enter 2016 amounts as beginning balances. (Enter negative amounts using either a negative sign preceding the number e.3. -45 or parentheses e.s. (45).) Liabilities Stockholders' Equity Retained Earnings Rev. Common Stock Exp $ $ e Textbook and Media

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