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*Brief Exercise 8-3 At the end of 2016, Safer Co. has accounts receivable therefore management authorizes a write-off of $4,300. $700,000 and an allowance for

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*Brief Exercise 8-3 At the end of 2016, Safer Co. has accounts receivable therefore management authorizes a write-off of $4,300. $700,000 and an allowance for doubtful accounts of $25,000. On January 24, 2017, it is learmed that the company's receivable from Madonna Inc. s not collectible and (a) Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount entered. Do not indent manually.) Debit Account Titles and Explanation Credit (b) What is the cash realizable value of the accounts receivable before the write-off and after the write-off? Before Write-Off After Write-Off Cash realizable value Question Attempts: Unlimited Gooyncht 2000.2019 hy Jnhn Winu & Sons Innor minted oomonios Al nntts morvnd

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