81) Entity k uses the allowance method for uncollectible accounts. Accounts receivable has a normal balance of $400,000. After adjustment, Allowance for Doubtful Accounts has a normal balance of $20000. What is the net cash value of accounts receivable after adjustment? A) $420000 B) $440000 C) $20,000 D) $380,000 71) On July 1, 2022, Entity K reported a balance in accounts receivable of $5000. During June, the company received cash payments from customers on account of $11000 and sold merchandise on account to customers for $15000.what is the accounts payable balance at the end of June? (Note: Prepare T account). A) $1000 credit balance B) $1000 debit balance C) $9000 debit balance D) $9000 credit balance 81) Entity k uses the allowance method for uncollectible accounts. Accounts receivable has a normal balance of $400,000. After adjustment, Allowance for Doubtful Accounts has a normal balance of $20000. What is the net cash value of accounts receivable after adjustment? A) $420000 B) $440000 C) $20,000 D) $380,000 71) On July 1, 2022, Entity K reported a balance in accounts receivable of $5000. During June, the company received cash payments from customers on account of $11000 and sold merchandise on account to customers for $15000.what is the accounts payable balance at the end of June? (Note: Prepare T account). A) $1000 credit balance B) $1000 debit balance C) $9000 debit balance D) $9000 credit balance