A company has determined that the length of time a receivable is outstanding is the most appropriate credit risk characteristic for determining expected credit losses. The following is an aging schedule for the company's accounts receivable as at December 31 , 2023: On December 31, 2023, the unadjusted balance in the Allowance for Expected Credit Losses (prior to the aging analysis) was a credit of $12,000. Journalize the adjusting entry for credit losses on December 31,2024 , assuming that the unadjusted balance in Allowance for Expected Credit Losses at that time is a debit of $1,000 and an aging schedule prepared at that date indicates that the expected no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)