erk Spring 2021 Question 3 of 7 9.6/24 View Policies Show Attempt History Current Attempt in Progress At the end of 2021, Metlock Co. has accounts receivable of $756,000 and an allowance for doubtful accounts of $27,000. On January 24, 2022, it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,644 (a) Your answer is partially correct. Use a tabular summary to record the write-off. Enter 2021 amounts as beginning balances. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) Assets Liabilities Accts. Rec Allow. For Doubtful Accts Common Stock Beg. Bal $ 756000 Jan. 24 (46441 Adj. Bal 751356