Question 4 of 7 -76 ra Prepare the journal entry for Sarasota Corp. to write off the Ivanhoe receivable and any journal entry necessary to reflect the notice regarding Pharoah 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 Ofor the amounts.) To write off the Ivanhoe accounts: Account Titles and Explanation Debit Credit al Pharoah Company reinstatement of partial accounts receivable for amounts previously written off and now determined to be collectible: Account Titles and Explanation Debit Credit I e Textbook and Media List of Accounts Assistance Used 5.000 Question Part Score 3.68/4 Part 2 What is the estimated net realizable value of Sarasota's accounts receivable before and after the entries above? What is the book value of Sarasota's accounts receivable before and after the entries above? Before Adjustments After Adjustments $ $ Net Realizable Value $ s Book Value e Textbook and Media List of Accounts Submit Answer Attempts: 0 of 3 used Save for Later --/2 Question Part Score o Question 4 of 7 -76 ra Prepare the journal entry for Sarasota Corp. to write off the Ivanhoe receivable and any journal entry necessary to reflect the notice regarding Pharoah 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 Ofor the amounts.) To write off the Ivanhoe accounts: Account Titles and Explanation Debit Credit al Pharoah Company reinstatement of partial accounts receivable for amounts previously written off and now determined to be collectible: Account Titles and Explanation Debit Credit I e Textbook and Media List of Accounts Assistance Used 5.000 Question Part Score 3.68/4 Part 2 What is the estimated net realizable value of Sarasota's accounts receivable before and after the entries above? What is the book value of Sarasota's accounts receivable before and after the entries above? Before Adjustments After Adjustments $ $ Net Realizable Value $ s Book Value e Textbook and Media List of Accounts Submit Answer Attempts: 0 of 3 used Save for Later --/2 Question Part Score o