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At the end of 2024, Coronado Co. has accounts recelvable of $762.000 and an allowance for doubtful accounts of $22.520.0 On Jamuary 24,2025, it is

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At the end of 2024, Coronado Co. has accounts recelvable of $762.000 and an allowance for doubtful accounts of $22.520.0 On Jamuary 24,2025, it is learned that the company's recelivable from Madonna inc is not collectible and thereforemanagement authorizes a write-off of $4,398. On March 4, 2025. Coronado Co, receives payment of 54,398 in full from Madonna inc Prepare the joumal entries to record the March 4 transaction. ILlst all debit entries before credit entries, Credit account titles are outomatically indented when 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.)

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