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can anyone help me please At the end of 2025, Coronado Company has accounts receivable of $816,000 and an allowance for doubtful accounts of $40,800.
can anyone help me please
At the end of 2025, Coronado Company has accounts receivable of $816,000 and an allowance for doubtful accounts of $40,800. On January 16, 2026, Coronado Company determined that its receivable from Ramirez Company of $6,120 will not be collected, and management authorized its write-off. (a) Prepare the journal entry for Coronado 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.) Step by Step Solution
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