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A . ?Accrued interest revenue of $ 3 0 ?on a note receivable. B . ?Determined that the Allowance for Bad Debts account balance should
A ?Accrued interest revenue of $ ?on a note receivable.
B ?Determined that the Allowance for Bad Debts account balance should be decreased by $ ?because expense during the year had been overestimated.
C ?Wrote off an account receivable of $
D ?Received cash from a customer in full payment of an account receivable of $ ?that was paid within the ?discount period. A Cash Discount Allowance account is maintained.
E ?Purchased eight units of a new item of inventory on account at a cost of $ ?each. Perpetual inventory is maintained.
F ?Purchased ?more units of the above item on account at a cost of $ ?each. Perpetual inventory is maintained.
G ?Sold ?of the items purchased in e and f ?and recognized the cost of goods sold using the LIFO cost flow assumption. Perpetual inventory is maintained.
H ?Paid a oneyear insurance premium of $ ?that applied to the next fiscal year.
I. Recognized insurance expense related to the preceding policy during the first month of the fiscal year to which it applied.
?Note: Round you final answers to the nearest whole dollar amounts.
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