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11,vdots-= At the end of 2023, Ceradyne Corp. has accounts receivable of $446,700...

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Accounting

11,vdots-=
At the end of 2023, Ceradyne Corp. has accounts receivable of $446,700 and an allowance for expected credit losses of $27,400. On January 24,2024, Ceradyne learns that its $11,500 receivable from Hutley Inc. is not collectible. Management authorizes a write-off.
(a)
Prepare the journal entry to record the write-off. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Date Account Titles and Explanation
Debit
Credit
Jan. 24
image

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