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Current Attempt in Progress At the end of 2024, Teal Mountain Co. has accounts receivable of $666,300 and an allowance for doubtful accounts of $24,740. On January 24, 2025, it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,398. (a) Prepare the journal entry to record the write-off. (List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

Current Attempt in Progress At the end of 2024, Teat Mountain Co, has accounts recelvable of $666,300 and an allowance for doubtful accounts of $24,740. On January 24, 2025, it is learned that the company's receivable from Madonna inc. is not collectible and therefore managernent authorizes a write-off of 54,398 . (a) Prepare the journal entry to record the write-oth, (List debit entry before credit entry Credit account tities are outomatically indented when amount is entered. Do not indent manually, if no entry ls required, seiect "No fintry" for the occount titles and enter O for the anounts.) What is the cash realizable value of the accounts receivable before the write-oif and after the write-of

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