BVC wrote off a $10,000 receivable on 12/23/XX. Record the journal entry for the write-off.

BVC Supplies Inc. sells exercise equipment. BVC notes that at December 31, 20XX, it has the following aging schedule of Accounts Receivable. 20XX Sales were $3,000,000. The amount in the allowance account at 12/31/XX is a credit balance of $23,000, prior to the review.

	Total	Current	1–30	31–60	61–90	Over 90
Accounts receivable	$625,000	300,000	150,000	100,000	50,000	25,000
% uncollectible		1%	5%	10%	20%	50%