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At the end of 2022, Wildhorse Co. has accounts receivable of $756,900 and an allowance...

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Accounting

At the end of 2022, Wildhorse Co. has accounts receivable of $756,900 and an allowance for doubtful accounts of $59,600. On January 24, 2023, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $5,800. On March 4, 2023, Wildhorse Co. receives payment of $5,800 in full from Megan Gray.
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At the end of 2022 , Wildhorse Co. has accounts receivable of $756,900 and an allowance for doubtful accounts of $59,600. On January 24, 2023, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $5,800, On March 4, 2023, Wildhorse Co, receives payment of $5,800 in full from Megan Gray

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