A company had the follnw:- - Question 13 of 13 ces: Calculate and interpret the following ratios: 1. Cash ratio 2. Acid test ratio Round to two decimal places. Show all work to receive partial credit. If you plan to submit scrap paper, type "scap pap A compary had the following account balances on December 31 : The company uses the allowance method to account for uncollectibles industry experience mugoests that bad dets init amoint to 5% of account iscevitiz Prepare the journal entry to record estimated bad debt expense using the gerceat-of-ricelvables. mnthed Omat explanations. Show all work to receive partial credit. if you plan to submi scrap paper, fype "scrap paper in the box below