A company had the following account balances on Deceinter 31 The compariy uses the allowance method to account for uncolect bles, Induntry experience suggests that bas debea wull amourt bo she of acxnurta receivghin. Prepare the journal entry to record estimated bad dobt expense using the sercent-of-recelvables method Orrit nopianations. Show all work to receive partial credit. If you plan to sutimu scrap paper, type "scrap paper" in the box beiow. A company had the followina acrnumt . ices: 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, typ A company had the following account balances on Deceinter 31 The compariy uses the allowance method to account for uncolect bles, Induntry experience suggests that bas debea wull amourt bo she of acxnurta receivghin. Prepare the journal entry to record estimated bad dobt expense using the sercent-of-recelvables method Orrit nopianations. Show all work to receive partial credit. If you plan to sutimu scrap paper, type "scrap paper" in the box beiow. A company had the followina acrnumt . ices: 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, typ