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Current Attempt in Progress At the end of 2022, Oriole Co, has accounts receivable of $775,800 and an allowance for doubtful accounts of $71,100. On

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Current Attempt in Progress At the end of 2022, Oriole Co, has accounts receivable of $775,800 and an allowance for doubtful accounts of $71,100. On January 24, 2023, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a writeoff of $7,200. On March 4, 2023. Oriole Co. receives payment of $7,200 in full from Megan Gray. Prepare the joumal entries to record the March 4, 2023, transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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