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Current Attempt in Progress At the end of 2022, Ivanhoe Co. has accounts receivable of...

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Accounting

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Current Attempt in Progress At the end of 2022, Ivanhoe Co. has accounts receivable of $752,200 and an allowance for doubtful accounts of $72,200. On January 24. 2023, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $7,500. (a) Prepare the journal entry to record the write off. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) eTextbook and Media List of Accounts Attempts: 0 of 1 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above

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