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uncollectible receivables. Apr. 1 Sold merchandise on account to Jim Dobbs, $7,000. The cost of the merchandise is $51400. June 10 Received payment for one-half

uncollectible receivables. Apr. 1 Sold merchandise on account to Jim Dobbs, $7,000. The cost of the merchandise is $51400. June 10 Received payment for one-half of the receivable from Jim Dobbs and wrote off the remainder. Date Account Name Debit Credit

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