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On December 31, 2017 Extreme Fitness has adjusted balances of $960,000 in Accounts Receivable and $87.000 in Allowance for Doubtful Accounts. On January 2, 2018,

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On December 31, 2017 Extreme Fitness has adjusted balances of $960,000 in Accounts Receivable and $87.000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write off of these accounts totaling $26,000 a. What amount would the company report as its net accounts receivable on December 31, 2017 b. Prepare the journal entry to write off the accounts on January 2, 2018 C. Assuming no other transactions occurred between December 31, 2017 and January 3, 2018. what amount would the company report as its net accounts receivable on January 3, 2018? Has net accounts receivable changed from December 31, 2017? Complete this question by entering your answers in the tabs below. Req Red B Regci Reg C2 What amount would the company report as its net accounts receivable on December 31, 2017? Net Accounts Receivable ReqB> Complete this question by entering your answers in the tabs below. Reg A ReqB Reg C1 Reg C2 Prepare the journal entry to write off the accounts on January 2, 2018. (if no entry is required for a transaction/ Entry Required in the first account field.) View transaction list Journal entry worksheet On December 31, 2017, Extreme Fitness has adjusted balances of $960,000 in Accounts Receivable and $87,000 in Allowance f Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write off of these accounts totaling $26,000. a. What amount would the company report as its net accounts receivable on December 31, 2017 b. Prepare the journal entry to write off the accounts on January 2, 2018. c. Assuming no other transactions occurred between December 31, 2017, and January 3, 2018, what amount would the company report as its net accounts receivable on January 3, 2018? Has net accounts receivable changed from December 31, 2017 Complete this question by entering your answers in the tabs below. Weg C2 Req A Red B Reg C1 Has net accounts receivable changed from December 31, 2017? Has net accounts receivable changed from December 31, 2017?

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