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Make necessary journal entries for the receivables of xyz co

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Reference no: EM132563141

Question 1: Make necessary journal entries for the following.

a) $800 receivables of XYZ Co. is proved to be doubtful which $150 of it is granted portion.

b) XYZ Co. collected $100 from the granted portion.

c) XYZ Co. collected $300 more and the rest is proved to be uncollectable.

Reference no: EM132563141

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