34. Maine Corporation's unadjusted trial balance includes the following baiances cassume hormal balances). Accounts Receivable Allowance for Doubtful Accounts $850,000 Bad debts are estimated to be 5% of outstanding receivabies expense will the company record? a. $18,000 b. $24,500 c. $41,600 d) $42,500 35. On October 1, 2020, Beane Company sells (factors) $600,000 of receivables to Milago Factors, Inc, Milago assesses a service charge of 4% of the amount of receivables sold a. a dobit of $600,000 to Accounts Re Beane will include b. a credit of $624,000 to Cash. c. a debit of $624,000 to Cash. d. a debit of $24,000 to Service Charge Expense. 36. Internal controls are concerned with a. Only manuai systems of accounting. b. the extent of government regulations. c. safeguarding assets. d. preparing income tax retums. a. financial pressure. b. incompatible duties. c. opportunity. d. rationalization. Having one person post entries to accounts receivable subsidiary ledger and a differ person post to the Accounts Receivable Control account in the general ledger is example of a. inadequate internal control. b. duplication of effort. c. extemal verification. d. segregation of duties