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At the end of 2020, Grouper Company has accounts receivable of 5816,000 and an allowance for doubtful accounts of $40,800. On January 16, 2021. Grouper

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At the end of 2020, Grouper Company has accounts receivable of 5816,000 and an allowance for doubtful accounts of $40,800. On January 16, 2021. Grouper Company determined that its receivable from Ramirez Company of $6,120 will not be collected and management authorized its write-oft. 38:14 Hide Time Prepare the journal entry for Grouper Company to write off the Ramirez receivable. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not Indent manually.) Date Account Titles and Explanation Jan 16, 2021 Debit Credit List of Accounts What is the net amount expected to be collected of Grouper Company's accounts receivable before the write-off of the Ramirez receivable? Net amount expected to be collected $ List of Accounts What is the net amount expected to be collected of Grouper Company's accounts receivable after the write-off of the Ramirez receivable? Net amount expected to be collected

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