Foleys Furniture Repair had trouble collecting its account receivable from Steve Stone. On July 19, 2012, Foleys finally wrote off Stones $900 account receivable. Foleys turned the account over to an attorney, who hounded Stone for the rest of the year. On December 31, Stone sent a $900 check to Foleys Furniture Repair with a note that said, Heres your money. Please call off your bloodhound! Requirement R1. Journalize the entries required for Foleys Furniture Repair.