ANSWER NUMBER 10 and 11 please

$6,9 $7,950 10. Accountant's define and understand RECEIVABLES: To include accounts receivables, notes receivables and other receivables. A) B To be claims from individuals and companies that are expected to be collected in cash To be shown on the balance sheet valued at its cash net realizable value. C) D) A and B only E) All of the above represent characteristics of receivables. 11. Accounts receivable balances are required to be reflected at ne t realizable value as stimating bad debit is of the balance sheet date. Use of the allowance method for e the preferred method because it: A) is required by GAAP. B) it provi C) A and B D) None of the above ides for better matching of revenue with expenses. l nocorded