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Recording Write-otfs and Computing Net Receivables Ander inci eqrimates that an allowance of $19,200 is required on its accounts receivable balance of $384,000 as of

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Recording Write-otfs and Computing Net Receivables Ander inci eqrimates that an allowance of $19,200 is required on its accounts receivable balance of $384,000 as of December 31 of Year 1. Required a. What is the net amount expected to be collected on its accounts receivable as of pecember 31 of rear 17 ? b. On February 1 of vear 2 , the company determined that 54,400 of fpeofic accounts recewable would be writien off 1. Frepare the journal entry required to write off these accounts 2. What is trie net amount expected to be collected on its sccolints recehable after the write-off? c. On February 15 of Year 2 the compary unexpectedly collectes $1,200 of the accounts written oft on February 1 of Year 2 . 1. Prepare the foumal entries required upon collection of these accounts. 2. What is the net amount expected to be collected on its accounis receevatle ater thecollection? $363,600

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