On December 31, 2020, Extreme Fitness has adjusted balances or $920,000 in Accounts Recelvable and $79,000 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 totafing $22,000. Required: Assume that on February 2, 2021, Extreme Fitness received a payment of $1,700 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.) Journal entry worksheet Record the reversal of a customer account previousiy written off in the amount of $1,700. Note: Enter debits before credits. On December 31,2020 , Extreme Fitness has adjusted balances of $920,000 in Accounts Recelvable and $79,000 in Allowance for Doubtfut 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 $22,000. Required: Assume that on February 2, 2021, Extreme Fitness recelved a payment of $1,700 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.) Journal entry worksheet Record the receipt of cash of $1,700 from the customer. Note: Enter debits before credits