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2. Write the journal entries related to accounts receivables of ABC International for the following transactions: a. ABC International billed a customer for RO
2. Write the journal entries related to accounts receivables of ABC International for the following transactions: a. ABC International billed a customer for RO 10,000 in service. b. ABC International concluded a credit sale transaction for RO 25,000. c. Out of the RO 1 million credit sales invoice of ABC International in January, RO 40,000 is estimated to be doubtful of collection. d. ABC International clearly identified that RO 18,000 of these invoices will not be paid. e. ABC International offered a RO 100 discount to customers if they pay RO 2,000 invoice within 10 days of the invoice date. A customer paid RO 2,000 within 10 days.
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