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01:28:49 Time Remaining Submit 3 points OOOO On August 22, 2020, Torget, Inc. bought a new cash register for $2,500 for purposes of calculating portal.year

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01:28:49 Time Remaining Submit 3 points OOOO On August 22, 2020, Torget, Inc. bought a new cash register for $2,500 for purposes of calculating portal.year depreciation Tarpet's accountant will assume that the cash register was placed in service on O August 15, 2020 August 22, 2020 August 1, 2020 September 1, 2020 2 points Clever Company uses the allowance method to account for collectible counts on my management wrote of customer's account balance in the amount of 350 on November 10. customer malled a payment for $530 to Cleve to record the recovery of this write-off on November 10, Ceve would debt Accounts Receivable and credit Allowance for Doubtful Accounts, and then debit Cash and credit Accounts Receivable Cash and credit Accounts Recevable Bad Debt Expense and credit Cash Accounts Receivable and credit Bad Debt Expense, and then debit Cash and credit Allowance for Doubtful Acounts. Accounts receivable are best described as Amount that have previously been received from customers Labilities of the company that represent the amount owed to suppliers Assets of the company representing the amount owed by customers Amounts that have previously been paid to suppliers, OOOO

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