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Zion Company uses the allowance method to record uncollectible accounts. In January 20X1, it charged off the $450 account balance of Lexington as uncollectible. In

Zion Company uses the allowance method to record uncollectible accounts. In January 20X1, it charged off the $450 account balance of Lexington as uncollectible. In June 20X1, Lexington paid the entire amount charged off. What journal entries are made at the time of receipt of payment

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