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Joumalike the foliowing transactions, using the allowance method of accounting for uncollectible receivables., Mar. 17: Recelved $3,140 from Shawn McNeely and wrote off the remainder
Joumalike the foliowing transactions, using the allowance method of accounting for uncollectible receivables., Mar. 17: Recelved $3,140 from Shawn McNeely and wrote off the remainder owed of 56,250 as uncolectible. If an amount box does not require an entry, leave it blank: July 29: Reinstated the account of Shawn Mcieely and recelved 56,250 cash in full payment
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