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On December 31, 2017, Extreme Fitness has adjusted balances of $810,000 in Accounts Recelvable and $57,000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $11,000 a. What amount would the company report as its net accounts receivable on December 31, 2017? b. Prepare the journal entry to write off the accounts on January 2, 2018. c. Assuming no other transactions occurred between December 31, 2017, and January 3, 2018, what amount would the company report as its net accounts receivable on January 3, 2018? Has net accounts receivable changed from December 31, 20177 Complete this question by entering your answers in the tabs below. Req A Req B Req Ci Req C2 Prepare the journal entry to write off the accounts on January 2, 2018. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet mo-s keporung accounts receivavie ana recoraing vvrnme-Ums Using tne Allowance metnoa ILO 8-4 On December 31, 2017, Extreme Fitness has adjusted balances of $810,000 in Accounts Receivable and $57000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $11,000 a. What amount would the company report as its net accounts receivable on December 31, 2017? b. Prepare the journal entry to write off the accounts on January 2, 2018. c. Assuming no other transactions occurred between December 31, 2017, and January 3, 2018, what amount would the company report as its net accounts receivable on January 3, 2018? Has net accounts recelvable changed from December 31, 2017? Complete this question by entering your answers in the tabs below. Req A Req B Req C1 Req C2 What amount would the company report as its net accounts receivable on December 31, 2017? Rea A Req B Req A Req B Req C1 Req C2 repare the journal entry to write off the accounts on January 2, 2018. (If no entry is required for a transaction/event, select "No Journai ntry Required" in the first account field.) View transaction list Journal entry worksheet Record the $11,000 write-off of certain customer accounts which are not collectible Note: Enter debits before gredits. Date General Journal Debit Credit January 02, 2018 Record entry Clear entry View general journal On December 31,2017, Extreme Fitness has adjusted balances of $810,000 in Accounts Receivable and $57,000 in Allowance for Doubtful Accounts. On January 2,2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $11,000. a. What amount would the company report as its net accounts receivable on December 31, 2017? b. Prepare the journal entry to write off the accounts on January 2, 2018. c Assuming no other transactions occurred between December 31, 2017, and January 3, 2018, what amount would the company report as its net accounts receivable on January 3, 2018? Has net accounts receivable changed from December 31, 2017? Complete this question by entering your answers in the tabs below. Req A Req B Req C1 Req C2 Assuming no other transactions occurred between December 31, 2017, and January 3, 2018, what amount would the company report as its net accounts receivable on January 3, 2018? Req B Req C2 ) On December 31, 2017, Extreme Fitness has adjusted balances of $810,000 in Accounts Receivable and $57,000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $11,000. a. What amount would the company report as its net accounts receivable on December 31, 2017? b. Prepare the journal entry to write off the accounts on January 2, 2018. c. Assuming no other transactions occurred between December 31, 2017, and January 3, 2018, what amount would the company report as its net accounts receivable on January 3, 2018? Has net accounts receivable changed from December 31, 2017? Complete this question by entering your answers in the tabs below. Req A Req B Req Ci Req C2 Has net accounts receivable changed from December 31, 20177 Has net accounts receivable changed from December 31, 2017? K Req C1 C2

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