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22. Barton Health Services provided care to a patient worth $1,200. Because the patient was over the age of 65, Barton granted the patient a

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22. Barton Health Services provided care to a patient worth $1,200. Because the patient was over the age of 65, Barton granted the patient a 20% discount and the customer paid the correct amount in cash. How would Barton record the service A. Cash B. Cash Service Revenue 960 Trade Discount 240 Service Revenue 1,200 1,200 1,200 C. Cash 1,200 Service Revenue D. Cash 240 Trade Discount Service Revenue 960 A. Option A B. Option B C. Option C D. Option D 23. On November 10 of the current year, Barry Corp. provides services to a customer for $8,000 with credit terms 2/10, n/30. The customer made the correct payment on December 5. How would Barry Corp. record the collection of cash on December 5? A. Cash B. Cash 7,840 Accounts Receivable 7,840 Sales Discounts 160 8,000 Accounts Receivable 7,840 160 C. Cash Sales Revenue 8,000 Accounts Receivable 8,000 D. Cash 8,000 Accounts Receivable A. Option A B. Option B C. Option C D. Option D 24. Barry Corp. provides services of S46,000 to Thomas Water District #45 on current year with terms 1/15, n/60. What would Barry Corp.record on April 12? A. Accounts Receivable46,000 B. Accounts Receivable Sales Revenue 46,000 46, Sales Revenue Sales Discounts 460 C. Accounts Receivable 45,540 Sales Revenue 45,540 D. Accounts Receivable 45,5 Sales Discounts 460 Sales Revenue 46,000 A. Option A B. Option B C. Option C D. Option D 25. Barry Corp. had the following balances on December 31, 2018, before any adjustment: Accounts Receivable- S100,000; Allowance for Uncollectible Accounts $4,100 (credit). Barry Corp.'s estimates uncollectible accounts based on an aging of accounts receivable as shown below: Accounts Receivable $50,000 $20,000 $18,000 $12,000 Estimated Percent Uncollectible 4% 8% 10% 40% Age Group(days past due) Not yet due 0-30 31-60 More than 60 What amount of bad debt expense did Barry Corp.'s record in its December 31, 2018,adjustment to the allowance account? A. $10,200. B. $12,800. C. $15,300 D. $6,100

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