5. Lori's Company has the following items: cash in a checking account, $ 8,000; cash in a savings account, $ 6,000; highminusgrade government securities due in one month (purchased last month), $ 3,536; accounts receivable, $3,000. How much should appear as Cash and Cash Equivalents on the balance sheet? A.$20,536 B. $17,536 C. $ 21,236 D. $6,000 7. Leno Company sells goods to the Fallon Company for $ 10,000. It offers credit terms of 4/10, n/30. If Fallon Company pays the invoice within the discount period, Leno Company will record a debit to Cash in the amount of: A.$10,400. B.$10,000. C. $400. D.$ 9,600. 8. Before the year-end adjustment, the credit balance in Allowance for Uncollectible Accounts was $ 1,000. Under the agingminusofminusreceivables method, the UncollectibleminusAccount Expense at year-end is: A.$10,780. B.$9,780. C.$1,300. D.$11,780. 9. Using the percentageminusofminussales method, the estimated total uncollectible accounts are $6,922. The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $ 3,135. The Accounts Receivable balance is $ 44,820. The amount of the adjusting entry for UncollectibleminusAccounts Expense is: A.$6,922. B.$3,787. C.$10,057. D.$3,135. 10. The following item appeared on a balance sheet: Accounts Receivable, less allowance of $ 86,196 ......$ 1,436,600 The gross balance in Accounts Receivable before the allowance was deducted was: A.$1,522,796. B.$1,436,600. C.$1,350,404. D. none of the above