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Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Mar. 17: Received $2,490 from Keith MacPhearson and wrote off the remainder
Journalize the following transactions, using the allowance method of accounting for uncollectible receivables. Mar. 17: Received $2,490 from Keith MacPhearson and wrote off the remainder owed of $2,640 as uncollectible. If an amount box does not require an entry, leave it blank.
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