Assuming that Allowance for Expected Credit Losses has an unadjusted debit balance of $$17,400,$ prepare the journal entry to

record credit losses at December $31.($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.

List debit entry before credit entry.$)$The following information is available for Concord's Best Corporation about the age of its receivables at December $31,$ its year end: