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83. Each of the following is a characteristic of a promissory note except: a. The maker agrees to pay a definite sum subject to conditions

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83. Each of the following is a characteristic of a promissory note except: a. The maker agrees to pay a definite sum subject to conditions to be determined at a later date. b. The amount to be paid can be determined on the date the note is signed. c. The due date can be determined on the date the note is signed. d. The payee has an unconditional right to receive a definite amount on a definite date. 84. The Allowance for Uncollectible Accounts is classified as a: a. contra account to Uncollectible Accounts Expense. b. liability. c. contra account to Accounts Receivable. d. contra account to Sales. 85. The entry to record the amount of estimated uncollectible accounts includes a debit to Uncollectible Accounts Expense and a credit to: a. Sales. b. Accounts Receivable. c. Interest Expense. d. Allowance for Uncollectible Accounts

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