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At December 31,2024 , Sheridan Imports reported this information on its balance sheet. During 2025, the company had the following transactions related to receivables. (a)

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At December 31,2024 , Sheridan Imports reported this information on its balance sheet. During 2025, the company had the following transactions related to receivables. (a) Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable. (Omit cost of goods sold entries). (List all debit entries before credit entries. Credit occount titles are automatically indented which omount is entered. Do not indent manuth: If no entry is required, select 'No Entry" for the occreme tithes and enter O for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. (To reinstate account previousy writen off) (Io secord collection of accounts recenable)

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