At the end of 2024, Windsor Co. has accounts receivable of $747,400 and an allowance for doubtful accounts of $27,260. On January 24, 2025, it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,625. On March 4, 2025, Windsor Co. receives payment of $4,625 in full from Madonna Inc. Prepare the journal entries to record the March 4 transaction. (List all debit entries before credit entries. Credit account titles are automatically indented when 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.)

At the end of 2024 . Windsor C0, has accounts receivable of $747,400 and an allowance for doubtful accounts of $27,260. On January 24,2025 , it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write - off of $4,625. On March 4, 2025, Windsor Ca, receives payment of $4,625 in full from Madonna inc Prepare the joumal entries to record the March 4 transaction. (Ust all debit entrles before credit entrles. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titjes and enter 0 for the amounts.) Account Titles and Explanation Debit Credit (To reverse write-off of accounts receivable:) (To record collection of accounts recelvable)