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At the end of 2021 , Monty Corp. has accounts receivable of $738,700 and an allowance for doubtful accounts of $32,300, On ] an wary
At the end of 2021 , Monty Corp. has accounts receivable of $738,700 and an allowance for doubtful accounts of $32,300, On ] an wary 24, 2022, it is learned that the company's receivable from Madonna inc is not collectible and therefore management authorixes a write-off of $5.700 (a) Prepare the joumal entry to record the write-off. (Credit account tidies are automatically indented when amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the omounts)
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