1. Company XYZ has credit sales of $1,500,000. They estimate that 15% will be uncollectible. AccountRer. Debit/Credit 2. Company XYZ decided that the following accounts are uncollectible: A/R - Jamie Moyer, $1600; A/R - David Wright, $2500; A/R - Carlos Beltran, $5000. AccountRer. Debi Credit 3. Carlos Beltran and David Wright paid amounts owed to XYZ. Account Ref. Debit Credit 4. Company ABC has $495,000 in receivables. They have decided to sell them to a factor who will charge a 3% fee. Account Ret. Debit Credit