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3. A company receives a per%, day-day note for $amt. The total inte... A company receives a 7%, 90-day note for $1,200. The total interest
3. A company receives a per%, day-day note for $amt. The total inte... A company receives a 7%, 90-day note for $1,200. The total interest due on the maturity date is (Use a 360-day year): $84.00 $21.00 $44.36 $16.10 $31.00 4. A company has net sales of $sales and average accounts receivable... A company has net sales of $870,000 and average accounts receivable of $174,000. What is its accounts receivable turnover for the period (rounded)? 476.71 73.00 5.00 .20 12.00 5. On December 31 of the current year, a company's unadjusted trial... On December 31 of the current year, a company's unadjusted trial balance included the following: Accounts Receivable, debit balance of $95,500; Allowance for Doubtful Accounts, credit balance of $950. What amount should be debited to Bad Debts Expense, assuming 9% of outstanding accounts receivable at the end of the current year will be uncollectible?: (Round your answer to the nearest dollar amount.) $8,595 $9,545 $716 $7,645 $950 6. Com Company agreed to accept $cas in cash along with an $note, d... Kallah Company agreed to accept $1,500 in cash along with an $9,000, 45-day, 13% note from customer Judith Taylor to settle her $10,500 past-due account. How should Kallah record this transaction? Cash 1,500 Note Receivable 9,000 Accounts Receivable
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