Brief Exercise 9-05 At the end of 2020, Cullumber Co. has accounts receivable of $807,800 and an allowance for doubtful accounts of $67,600. On January 24, 2021, the company learns that its recelvable from Megan Gray is not collectible, and management authorizes a write-off of $6,700. On March 4, 2021, Cullumber Co. recelves payment of $6,700 in full from Megan Gray Prepare the journal entries to record this transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To reverse write-off) (To record collection from Gray)