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Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables, Mar. 17: Received $2,290 from Matthew Chapman and wrote off the
Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables, Mar. 17: Received $2,290 from Matthew Chapman and wrote off the remainder owed of $4,030 as uncollectible. If an amount box does not require an entry, leave it blank Mar 17 88 July 29: Reinstated the account of Matthew Chapman and received $4,030 cash in full payment. July 29 July 291
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