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On November 1, 20XX, $200 of the Spaghetti Co. account is reinstated and payment of that amount is received. Two journal entries need to be

On November 1, 20XX, $200 of the Spaghetti Co. account is reinstated and payment of that amount is received. Two journal entries need to be recorded. First, accounts receivable should be debited and the account should be credited for $200. Next, cash should be debited and the account should be credited for $200

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