Ace Hardware accepts a 90-day, 8% note for $10,000 dated April 1st from Rabren Construction Company on account. What is the maturity value of the note? $10,000 $10,000 $10.200 Not enough information to calculate Question 27 3.13 pts On June 10, a $5,000 account receivable from a customer has been determined to be uncollectible. Using the direct write-off method, what effect would the write off of the account have on the financial statements? Accounts receivable would increase, and retained earnings would decrease Accounts receivable would decrease, and retained earnings would increase. Accounts receivable and retained earnings would decrease Accounts receivable and retained earnings would increase