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Business, 04.12.2019 05:31 liamhallowell28

At the end of 2020, oriole co. has accounts receivable of $775,800 and an allowance for doubtful accounts of $71,100. on january 24, 2021, the company learns that its receivable from megan gray is not collectible, and management authorizes a write-off of $7,200. on march 4, 2021, oriole co. receives payment of $7,200 in full from megan gray. prepare the journal entries to record this transaction.

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At the end of 2020, oriole co. has accounts receivable of $775,800 and an allowance for doubtful acc...

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