Accompanying the bank statement was a debit memo for bank service charges. What entry is irequired in the company's accounts? 29, A. Dr. Cash Cr. Other Income 0 B. Dr. Accounts Payable 01 Cr. Cash 02 C. Dr. Cash 03 Cr. Accounts Payable D. Dr. Miscellaneous Administrative Expense 04 405 Dr. Cash 406 Accompanying the bank statement was a credit memo for a short-term note collected by the 30. bank for the customer. What entry is required in the company's accounts? A. Dr. Cash Cr. Miscellaneous Income B. Dr. Accounts Receivable Cr. Cash C. Dr. Cash Cr. Notes Receivable Cr. Interest Revenue D. Dr. Notes Receivable Cr. Cash Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $390,000 and credit sales are $1,300,000. An aging of accounts receivable shows that approximately 5 % of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if the Allowance for Doubtful Accounts has a credit balance of $2,500 before adjustment? 32. A. Dr. Bad Debt Expense 19,500 Cr. Allowance for Doubtful Accounts B. Dr. Bad Debt Expense Cr. Allowance for Doubtful Accounts C. Dr. Bad Debt Expense 19,500 65,000 65,000 22,000 4 Cr. Allowance for Doubtful Accounts 22,000 D. Dr. Bad Debt Expense 5 17,000 6 Cr. Allowance for Doubtful Accounts 17,000 34. The journal entry to record a note received from a customer to replace an accounts receivable is A. Dr. Accounts Receivable Cr. Notes Receivable B. Dr. Notes Receivable Cr. Notes Payable C. Dr. Cash Cr. Notes Receivable D. Dr. Notes Receivable Cr. Accounts Receivable Harper Company lends Hewell Company $40,0000 on March 1, accepting a four-month, 6 % interest note. Harper Company prepares financial statements on March 31. What adjusting entry should be made before the financial statements can be prepared? 35. A. Dr. Interest Receivable 800 800 Cr. Interest Revenue 40,000 B. Dr. Note Receivable 40,000 Cr. Cash 200 C. Dr. Interest Receivable 200 Cr. Interest Revenue 200 D. Dr. Cash 200 Cr. Interest Revenue