4. Based on the balance sheets for ABC Corporation (see below), calculate the percentage of accounts receivable that the company believes will be uncollectable in 2013 and 2012. Balance sheets (5 million) for ABC Corporation at December 31, 2013 2012 Accounts receivable net of allowance for doubtful accounts of $19.1 million and $21.9 million, respectively. $ 703.50 $ 726.60 5.XYZ Company issues bonds at a discount. The company uses the Effective Interest Rate Method to account for the bonds. Par value = Coupon rate Term to maturity Market rate $100,000 8% per year (paid semi-annually) 5 years 10% per year a. What are the proceeds from the bond issue? b. How would XYZ record the bond issuance (i.e., the debit and credit)