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XYZ had the following accounts receivable transactions with Peart Inc., a customer, during the year: 2/28/24 Collected $400 on account from Peart Inc. Required: Prepare

XYZ had the following accounts receivable transactions with Peart Inc., a customer, during the year: 2/28/24 Collected $400 on account from Peart Inc. Required: Prepare the general journal entry for the above transaction. Note: Be sure to clearly indicate the account that is debited and credited

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