On December 31, 2014, Extreme Fitness has adjusted balances of $840,000 in Accounts Receivable and $63,000 in Allowance for Doubtful Accounts. On January 2, 2015, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $14,000.

Assume that on February 2, 2015, Extreme Fitness received a payment of $900 from one of the customers whose balance had been written off. Prepare the journal entries to record this transaction.

transaction list 1. Record the reversal of a customer account previously written off in the amount of $900. 2. Record the receipt of cash of $900 from the customer