Woodrow Variety Store has many accounts receivable. The Woodrow balance sheet, December 31, 20X1, showed Accounts Receivable, $975,000, and Allowance for Uncollectible Accounts, $60,000. In early 20X2, write-offs of customer accounts of $42,000 were made. In late 20x2, a customer, whose $4,000 debt had been written off earlier, won a $1 million sweepstakes cash prize. The buyer immediately remitted $4,000 to Woodrow. The store welcomed the purchaser's money and return to high credit standing Requirement 1. Prepare the journal entries for the $42,000 write-off in early 20X2 and the $4,000 receipt in late 20X2. (Enter debits first, then credits. Explanations are not required.). MO Begin by preparing the entry to record the $42,000 write-off Accounts Debit Credit