Make the journal entry for XYZ Company's write-offs for 2020. Debit Account Credit Account [Select] $162,000 [Select] $162,000 Make the journal entry for XYZ Company's recoveries for 2020. Assume that the recovery was for one account and was paid in full in cash Debit Amount Credit Amount [ Select] $6,500 Select) $6,500 [ Select $6,500