Brickman's ending balance of Accounts Receivable is $19, 500. Use the data in the preceding question to compute the net realizable value of Accounts Receivable at year-end. a. $16, 800 b. $19, 500 c. $17, 400 d. $17, 900 Which cost is not recorded at part of the cost of a building? a. Real estate commission paid to buy the building b. Construction materials and labor c. Concrete for the building's foundation d. Annual building maintenance Which method almost always produces the most depreciation in the first year? a. Units-production b. Straight-line c. Double-declining-balance d. All Produce the same depreciation in the first year The entry to record a write-off of an uncollectible account when using the direct write-off method involves a a. Debit to Allowance for Bad Debts b. Credit to Cash c. Debit to Accounts Receivable d. Debit to Bad Debts Expense At December 31 year-end, Crain Company has an $8, 400 note receivable from a customer. Interest of 10 percent has accrued for 10 months on the note. What will Crain's financial statements report for this situation? a. The balance sheet will report the note receivable of $8, 400 b. The balance sheet will report the note receivable of $8, 400 and interest receivable of $700 c. Nothing because the business has not received the cash yet d. The income statement will report a note receivable of $8.400