On December 31, 2020, Extreme Fitness has adjusted balances of $820,000 in Accounts Recelvable and $59,000 in Allowance for Doubtful Accounts, On January 2, 2021, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $12,000. Required: Assume that on February 2, 2021, Extreme Fitness recelved a payment of $700 from one of the customers whose balance had been written off. Prepare the journal entries to record this transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.)