11. Hermann Corporation purchased $6,000 on November 1, 2019 and invested it into a bank depozit account with an interest of 1% yearly. The maturity is 4 months (ending on March 1, 2020). That amount was sold and turned into TL at maturity. The exchange rates are as follows: USD Date FX Rate November 1, 2019 3.20 TL December 31, 2019 4.50 TL (Note: The FX rates are not real for making the calculations easy for you.) Which of the following is a correct journal entry for the interest income on December 31, 2019? a. Debits Bank (S) 192; credits Interets Income 192 b. Debits Bank (S) 270; credits Interets Income 270 c. Debits Bank (5) 90; credits Interets Income 90 d. Debits Bank (8) 45; credits Interets Income 45 Please answer questions 12 and 13 by using the information given below: During 2019, Bella Supply Company had net sales of $4,825,000. All sales were on credit. At the end of 2019, the balance of Accounts Receivable was $1,125,000, and Allowance for Doubtful Accounts had a debit balance of $26,170. Bella Supply Company's management uses percentage of accounts receivable method for estimating bad debt. The percentage of uncollectible accounts receivable is 3 percent of accounts receivables. 12. What is the amount of bad debt expense for the year? a. 7,580 b. 59,920 c. 144,750 d. 33,750 13. What is the balance for the Allowance for Doubtful Accounts at year-end? a. 7,580 b. 59,920 c. 144,750 d. 33,750