Record the following transactions for Lett Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1. On August 4, Lett sold merchandise on account to Smiley Company for $610, terms 2/10, n/30. On August 7, Lett granted Smiley a sales allowance and reduced the cost of the merchandise by $60 because some of the goods were slightly damaged. 3. OnAugust 12, Smiley paid the account in full. No. Account Titles and Explanation Debit Credit At December 31,2021, Wynne Company reported Accounts Receivable of $45,000 and Allowance for Doubtful Accounts of $3,500. On January 7, 2022, Brown Enterprises declares bankruptcy and it is determined that the receivable of $1,200 from Brown is not collectible. What is the cash realizable value of Accounts Receivable at December 31,2021? Cash realizable value $ eTextbook and Media List of Accounts What entry would Wynne make to write off the Brown account? (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts What is the cash realizable value of Accounts Receivable after the Brown account is written off? Cash realizable value $ eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer SUPPORT