Question: Brief Exercise 9-04 a-b (Part Level Submission) At the end of 2020, Carpenter Co. has accounts receivable of $700,000 and an allowance for doubtful accounts

Brief Exercise 9-04 a-b (Part Level Submission) At the end of 2020, Carpenter Co. has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2021, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $6,200.(b) What is the cash realizable value of the accounts receivable before the write-off and after the write-off?

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