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High Mountain Cycles had trouble collecting its account receivable from Betty White. On July 19, 2020 High Mountain Cycles finally wrote off White's $1,095 account

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High Mountain Cycles had trouble collecting its account receivable from Betty White. On July 19, 2020 High Mountain Cycles finally wrote off White's $1,095 account receivable. On December 31, White sent a $1,095 check to High Mountain Cycles. Journalize the entries required for High Mountain Cycles, assuming High Mountain uses the direct write-off method

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