On 1 January, Ajax Company accepted a one- year bill for $5 000 at 4% from one of its customers. When the bill matured on 31 December, the customer was unable to pay, and Ajax treated it as a dishonoured bill. Please provide the journal entry needed by Ajax. 
Definitions:
Skill Development
The process of learning, enhancing, and mastering abilities or competencies in various areas.
DBT
Dialectical Behavior Therapy, a type of psychotherapy that combines behavioral science with Buddhist concepts like mindfulness and acceptance.
MCBT
Mindfulness-Based Cognitive Therapy, integrating mindfulness practices with cognitive therapy techniques to prevent depression relapse.
Group Treatment
A form of therapeutic intervention where therapy is conducted with groups of individuals rather than in a one-on-one setting.
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