31 Y8: The unadjusted credit balance of the Allowance for Doubtful Accounts account is $6.000. Bad debt expense is estimated to be 3.5% of net credit sales of $800,000. Present the necessary year-end adjusting entry related to uncollectible accounts Q32. What is the amount of the adjustment? A. $800,000 B. $28,000 C.$22,000 D. $6,000 E. $210 Q33. Indicate the account title to be debited A. Acct Receivable B. Allowance for Doubtful Accts D. Cash Q34. Indicate the account title to be credited A. Acct Receivable B. Allowance for Doubtful Accts D. Cash C. Bad Debt Expense E. Sales Revenue C. Bad Debt Expense E. Sales Revenue Transaction 4A-May I. Y8: Mima signed a $200,000, interest-bearing note payable. It was for two years and specified 6 percent annual interest payable at the maturity date of the note. 035. Indicate the account title to be debited by $200,000. A. Acct Payable B. Cash C. Long-term Note Payable D. Short-term Note Payable E. None 036. Indicate the account title to be credited A. Acct Payable B. Cash C. Long-term Note Payable D. Short-term Note Payable E. None Transaction 4B December 31, Y8: Record interest expense on the note payable discussed in Transaction 4A Q37. What is the amount of the interest expense? A. $16,000 B. $8,000 C.$4,000 D.$1,333 E.$800 Q38. Indicate the account title to be debited A. Acct Payable B. Cash C. Interest Expense D. Interest Payable E. Note Payable Q39. Indicate the account title to be credited A. Acct Payable B. Cash C. Interest Expense D. Interest Payable E. Note Payable