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Business, 06.05.2020 17:03 259772

At the end of 2020, Carla Company has accounts receivable of $656,000 and an allowance for doubtful accounts of $32,800. On January 16, 2021, Carla Company determined that its receivable from Ramirez Company of $4,920 will not be collected, and management authorized its write-off. Prepare the journal entry for Carla Company to write off the Ramirez receivable. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 16, 2021 What is the net amount expected to be collected of Carla Company's accounts receivable before the write-off of the Ramirez receivable? Net amount expected to be collected $ e Textbook and Media List of Accounts What is the net amount expected to be collected of Carla Company's accounts receivable after the write-off of the Ramirez receivable?

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