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Prepare general journal entries without explanations to record thefollowing transactionsJan 1 Sold merchandise to Kelly Graham for $1,000 on account.The merchandise cost $600 and the company uses a perpetualinventory system and does not expect any returnsFeb 1 Received $300 from GrahamJul 1 Wrote off the balance Graham's account asuncollectibleSep 1 Unexpectedly received payment in full trom Graham
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