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At the end of 2 0 2 5 , Waterway Company has accounts receivable of $ 9 2 8 , 0 0 0 and an

At the end of 2025, Waterway Company has accounts receivable of $928,000 and an allowance for doubtful accounts of $46,400. On
January 16,2026, Waterway Company determined that its receivable from Ramirez Company of $6,960 will not be collected, and
management authorized its write-off.
(a)
Your answer is correct.
Prepare the journal entry for Waterway Company to write off the Ramirez receivable. (If no entry is required, select "No Entry" for
the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent
manually. List debit entry before credit entry.)
Date Account Titles and Explanation
Debit
Credit
Jan. 16,
2026
Allowance for Doubtful Accounts
Accounts Receivable
eTextbook and Media
List of Accounts
Attempts: 2 of 5 used
(b)
Your answer is correct.
What is the net amount expected to be collected of Waterway Company's accounts receivable before the write-off of the Ramirez
receivable?
Net amount expected to be collected(c)
What is the net amount expected to be collected of Waterway Company's accounts receivable after the write-off of the Ramirez
receivable?
Net amount expected to be collected
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