What are the journal entries for the following transactions related to Uncollectable accounts? ---------------------------------------------------------------------------------------- (20)

On January 31st, accounts receivable amount to Rs=10,000. On this date, the credit manager reviews the accounts receivable and estimates that approximately Rs=850 of these accounts will prove to be uncollectable.

Assume that the customer (Ali enterprise) is gone out of business and Rs=300 account receivable from the customer is now worthless.

Assume for example, that a past-due account receivable in the amount of Rs=150 from XYZ was written off on March 16, 2020.

All of a sudden, XYZ pays the account in full. Record the journal entry.

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