Current Attempt in rrogress

At the end of $2026,$ Teal Mountain Co$.$ has accounts receivable of $$840,000$ and an allowance for doubtful accounts of $$30,000.$ On January $24,2027,$ it is learned that the company's receivable from Sandhill Inc. is not collectible and therefore management authorizes a write$-$off of $$5,160.$

$($a$)$

Use a tabular summary to record the write$-$off. Enter $2026$ amounts as beginning balances.

Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses.

Increases in expenses require a negative sign or parentheses.

Increases to Allowance for Doubtful Accounts require a negative sign or parentheses.

Assets

$=$ Liabilities $+$

Accts. Rec.

Beg. Bal.

Jan. $24$

Adj. Bal.

eTextbook and Media

Attempts: $0$ of $10$ used