Edit View History Bookmarks Window Help V 200 Ch 1: Suggested Practice IP 228 $ 4 $81,700 2,200 7,320 12,700 Prepare an income statement for the year ending December 31, 2025. 70,760 2,920 36,600 education.wiley.com stv % 5 MacBook Pro A 6 & 7

5) (Continuation of question 5). Assume that during 2024, a total of $8,250 Accounts Receivable has to be written off due to customers' inability to pay what they owe Radius Co. a. What iournal entrv would be used to record this write-off of $8.250 ? b. How does the posting of this journal entry affect the accounting equation? c. What is the Allowance for Doubtful Accounts balance after this write off? (Your answer should indicate the amount and whether it is a Debit or Credit balance. Hint: Use a T-account to determine your answer.)