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At the end of 2021. Cheyenne Corp has accounts receivable of 5783,900 and an allowance...

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Accounting

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At the end of 2021. Cheyenne Corp has accounts receivable of 5783,900 and an allowance for doubtful accounts of $41.700. On January 24, 2022. It is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorires a write-off of 57.500 Prepare the journal entry to record the write-off (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts What is the cash reliable value of the accounts receivable (1) before the write-off and 2) after the write-off? Before Write Ne Wien Cash realizable value $ Textbook and Media List of Accounts

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