At the end of 2016, nash's trading post, llc has accounts receivable of $635,600 and an allowance for doubtful accounts of $23,140. 1. on january 24, 2017, it is learned that the company’s receivable from madonna inc. is not collectible and therefore management authorizes a write-off of $4,210. 2. on march 4, 2017, nash's trading post, llc receives payment of $4,210 in full from madonna inc.
required:
1. prepare the journal entry to record the write-off.
2. what is the cash realizable value of the accounts receivable before the write-off and after the write-off?

Phoenix guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickupsfor sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. which of the following approaches is likely to produce superior results? a) invest in vertical integration despite the cost of producing pickups.b) abandon the idea of vertical integration entirely.c) pursue taper integration.d) introduce a budget line of guitars to diversify the firm's offerings.