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At the end of 2020, Tamarisk Company has accounts receivable of $720,000 and an allowance for doubtful accounts of $36,000. On January 16, 2021, Tamarisk

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At the end of 2020, Tamarisk Company has accounts receivable of $720,000 and an allowance for doubtful accounts of $36,000. On January 16, 2021, Tamarisk Company determined that its receivable from Ramirez Company of $5,400 will not be collected, and management authorized its write-off. Prepare the journal entry for Tamarisk Company to write off the Ramirez receivable. (If no entry is required, select "No Entry"for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan 16, 2021 e Textbook and Media List of Accounts What is the net amount expected to be collected of Tamarisk Company's accounts receivable before the write-off of the Ramirez receivable? Net amount expected to be collected $ e Textbook and Media List of Accounts What is the net amount expected to be collected of Tamarisk Company's accounts receivable after the write-off of the Ramirez receivable? Net amount expected to be collected $

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