#1-10 please. Thank u :)

1. McGregor Co allows customers to pay wih credit cards. The credit card company charges McGregor a 3% fee. When a customer uses a credit card to pay McGregor $200 for services provided, McGregor would a. Debit cash for $200 b. Credit service revenue for $194 c. Debit service fee expense for S6 d. Credit service revenue for $206 2. A company had the following sales transactions: a. Total debit card sales- $200,000 b. Total credit card sales $400,000 c. Total cash sales- $800,000 d. Total check sales $100,000 There is a 2% on all credit card transactions. Calculate total sales recorded for the year 7. Shupe Inc. estimates uncollectible accounts based on the percentage of AR. What effect will recording the estimate (the expense) of uncollectible accounts have on EACH of the components of the accounting equation: A L + SE. (increase, decrease, no effect) 8. At December 31, Gill Co reported AR of S238,000 and an allowance for uncollectible accounts of S600 (credit balance). An analysis of AR suggests that the allowance should be 3% of AR. Make the adjusting entry to bring the allowance to the correct level. 9. Which accounting p violate? rinciple does the direct write-off method 10. The allowance for uncollectible accounts is: a. an expense b. a contra asset account c. a contra revenue account d. a liability account 11. Lail Inc accounts for bad debts using the allowance method. On