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Bonita Company in its first year of operations provides the following information related to one of its available - for - sale debt securities at

Bonita Company in its first year of operations provides the following information related to one of its available-for-sale debt
securities at December 31,2025.
Your answer is correct.
Assume that the fair value of the available-for-sale security is $54,200 at December 31,2025, instead of $41,200. What is
the amount of the credit loss that Bonita should report at December 31,2025?(Do not leave any answer field blank. Enter 0
for amounts.)
Amount of the credit loss $
(d)
Your answer is incorrect.
Assume the same information as for part (c). Prepare the journal entry to record the credit loss, if necessary (and any
other adjustment needed), at December 31,2025.(List debit entry before credit entry. Credit account titles are automatically
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.)
Account Titles and Explanation
Debit
Credit
Bad Debt Expense
Allowance for Doubtful Accounts
***I even attempted No Entry and it was incorrect. Just need help with part (d).
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