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Question 1 At the end of 2016, Sheridan Co. has an allowance for doubtful accounts of $28,910. On January 31, 2017, when it has accounts receivable of $575,050, Sheridan Co. learns that its $6,200 receivable from Tokarik Inc. is not collectible. Management authorizes a write off. Assume Tokarik Inc.'s financial difficulties are over. On June 4, 2017, Sheridan Co. receives a payment in full of $6,200 from Tokarik Inc. Record this transaction. (Credit account titles are automatically indented when the 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.) Date Account Titles and Explanation Debit Credit June 4 (To reverse write off of Tokarik Inc. account receivable) June 4 (To record collection from Tokarik Inc.)