Question: Current Attempt in Progress At the end of 2 0 2 8 , Whispering Company has accounts receivable of ( $ 1 ,

Current Attempt in Progress At the end of 2028, Whispering Company has accounts receivable of \(\$ 1,040,000\) and an allowance for Credit Losses of \(\$ 52,000\). On January 16,2029, Whispering Company determined that its receivable from Ramirez Company of \(\$ 7,800\) will not be collected, and management authorized its write-off. (a) Prepare the journal entry for Whispering Company to write off the Ramirez receivable. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amount in the relevant debit OR credit box. Entering zero in ALL boxes will result in the question being marked incorrect. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List debit entry before credit entry.) Date Account Titles and Explanation Debit Credit Jan. 16,2029 eTextbook and Media List of Accounts Last saved 1 second ago. Attempts: 0 of 3 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes. (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Prepare a classified balance sheet at December 31,2028, for Splish Corporation. Ignore income taxes. (Note: There is no dividends account. The retained earnings balance already reflects dividends declared, if any.)(List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)
SPLISH CORPORATION
Balance Sheet
Assets
\$ :
Current Attempt in Progress At the end of 2 0 2 8

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