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Mar. 17 received $275 from shawn mcneely and wrote off the remainder owed of $1,000 as uncollectible. july 29 reinstated the account of shawn mcneely and received $1,000 cash in full payment. journalize the above transactions, using the allowance method of accounting for uncollectible receivables. refer to the chart of accounts for exact wording of account titles.
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Mar. 17 received $275 from shawn mcneely and wrote off the remainder owed of $1,000 as uncollectible...
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