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1. Prepare the general journal entries to record these transactions. 2. If the balance of the allowance for uncollectible accounts was $8,000 on January 1

1. Prepare the general journal entries to record these transactions.

2. If the balance of the allowance for uncollectible accounts was $8,000 on January 1 of the current year, determine the balance of the allowance for uncollectible accounts at December 31 of the current year. Assume that the transactions above are the only transactions affecting the allowance for uncollectible accounts during the year.

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