At the end of 2017, Splish Company has accounts receivable of $429,100 and an allowance for doubtful accounts of $20,400. On January 16, 2018, Splish Company determined that its receivable from Maximillan Company of $3,800 will not be collected, and management authorized its write-off.

Prepare the journal entry for Splish Company to write off the Maximillan receivable.

What is the net realizable value of Splish Companys accounts receivable before the write-off of the Maximillan receivable?

What is the net realizable value of Splish Companys accounts receivable after the write-off of the Maximillan receivable?