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5. Make necessary entries for the following. a) $500 receivables of XYZ Co. is proved to be doubtful which $200 of it is granted portion.

5. Make necessary entries for the following. a) $500 receivables of XYZ Co. is proved to be doubtful which $200 of it is granted portion. b) XYZ Co. collected $350. c) XYZ Co. collected $50 more and the rest is proved to be uncollectable

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