Prepare the journal entry for Culver Corporation to write off the Sunland receivable and any journal entry necessary to reflect the notice regarding Blossom Company (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) To write off the Sunland accounts:

Account Titles and Explanation	Debit	Credit

Blossom Company reinstatement of partial accounts receivable for amounts previously written off and now determined to be collectible:

Account Titles and Explanation	Debit	Credit

What is the estimated net realizable value of Culvers accounts receivable before and after the entries above? What is the book value of Culvers accounts receivable before and after the entries above?

		Before Adjustments		After Adjustments
Net Realizable Value		$		$
Book Value		$