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Question 3 At the end of 2017, Pharoah Ltd. has accounts receivable of 789,790 and an allowance for doubtful accounts of 73,950. On January 24,

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Question 3 At the end of 2017, Pharoah Ltd. has accounts receivable of 789,790 and an allowance for doubtful accounts of 73,950. On January 24, 2018, the company learns that its receivable from Marcello is not collectible, and management authorizes a write-off of 6,320. 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 What is the cash realizable value of the accounts receivable before the write-off and after the write-off? Before Write-Off After Write-Off Cash realizable value

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