At the end of 2020, Golden Valley Corp. has accounts receivable of $478,700 and an allowance for doubtful accounts of $26,600. On January 24, 2021, Golden Valley learns that its $10,500 receivable from Hutley Inc. is not collectible. Management authorizes a write off. (a) Your Answer Correct Answer Your answer is correct. Prepare the journal entry to record the write off. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (b) Date Account Titles and Explanation Jan. 24 Allowance for Doubtful Accounts Accounts Receivable eTextbook and Media List of Accounts Your answer is incorrect. Debit 10500 What is the carrying amount of the accounts receivable (1) before the write off and (2) after the write off? Net realizable value (1) Before write off $ (2) After write off $ Credit 10500 Attempts: 3 of 3 used