At the end of 2020, Sheridan Company has accounts receivable of $736,000 and an allowance for doubtful accounts of $36,800. On January 16, 2021, Sheridan Company determined that its receivable from Ramirez Company of $5,520 will not be collected and management authorized its write-off. (a) Prepare the journal entry for Sheridan Company to write off the Ramirez receivable. (if no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually Debit Credit Date Account Titles and Explanation Jan 16, 2021