8. When a note receivable is dishonored, Accounts Racelvable is debited for what amount? a. the face value plus accrued interestb, the maturity value of the note less accrued interest c, the face value of the note d. the maturity value of the sote plus acerued interest 9, refers to an intangible asset of a business that is created from such favorable factors as location, product quality, reputation and managerial skill. apeent b.copyright c.goodwin d, trademark Total 10. Pixel Copies recorded a cash collection on account by debiting Cash and crediting Accounts payable What will the trial balance show for this error? a. Too much for cash c. Too much for liabilities b. Too much for expenses d. The trial balance will not balance 200 IL. (15) On September 30, 2016, the accounts o ABB Medical show the following During the last quarter of 2016, ABB Medical completed the folowing selected transactions: A $200 that was written off in Apell was paid by David Co. on Dec. S,2016. B. Dec. 28, wrote off accounts receivable as uscollectible: Dunlap Co, $1,500, and Owrven Mac, $1,600. C. Recorded uncollectible account expense based on the aging of accounts receivable, as follows: 31-60 61 Ovet 90 $37,000 $14,000 $17,000 Age of Accounts 1-30 eriod in which they are Days Amount d. posting process $97,000 0.3% 3% 30% 35% 1) Journalize the transactions A and B. 2) With the information given in C, calcalate the uncolectible account expeuse of the year and journalize. is common to place I IIL. (20) JR Tire Store reported the followi ng July purchses and sales data for line of tre it deals The company uses a perpetual inventory system. 1) Prepare the company's inventory record on LIFO bais. 2) Identify cost of goods sold for the month and the profit of the month. 3) Journalize the transactions July 13 and 16. vable ledger Quantity (Units) Unit Price