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Question 13 of 30 - 12 III Current Attempt in Progress At the end of 2021. Cullumber Company has accounts receivable of $701,000 and an

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Question 13 of 30 - 12 III Current Attempt in Progress At the end of 2021. Cullumber Company has accounts receivable of $701,000 and an allowance for doubtful accounts of $25,100. On January 24, 2022, it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $5,500 (a) Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Account Titles and Explanation Debit Credit Save for Later Attempts: 0 of 1 used Submit

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