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Journalize the following transactions using the allowance method of accounting for uncollectible receivables. April 1...

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Accounting

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Journalize the following transactions using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $6,900. The cost of the merchandise is $6,800. If an amount box does not cequire an entry, lieave it blatk. Aprit 1. June 10 Recelved payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. If an amount box does not require an entry. leave it blanb June 10

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