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At the end of 2020, Carpenter Co. has accounts receive of $700,000 and an allowance for doubtrol accounts of $54,000. On January 24, 2021, the

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At the end of 2020, Carpenter Co. has accounts receive of $700,000 and an allowance for doubtrol accounts of $54,000. On January 24, 2021, the company lors that its receivable from Megan Gray is not collectible, and management Authorizes a write-off of 56,200, Prepare the journal entry to record the write-of (credit cerunt titles are automatically indented when amount senteret. Do not indent manually.) Account Tiles and Explanation Debit Credit HOWLIT OF ACCOUNTS LINK TO TY What is the cash realizate value of the accounts receivable before the write-off and after the write Before Write-off After Write-on Cash rolle value

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