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Company C currently has a balance in Allowance for Bad Debts of $2,000. Company C's aging schedule indicates that the balance in the Allowance for
Company C currently has a balance in Allowance for Bad Debts of $2,000. Company C's aging schedule indicates that the balance in the Allowance for Bad Debts should be $10,000. What is the adju increase the balance in the Allowance for Bad Debts to $10,000? A Dr. Bad Debts Expense 12,000: Cr. Allowance for Bad Debts 12.000 O B.. Dr. Bad Debts Expense 9,000; Cr. Allowance for Bad Debts 9,000 C. Dr. Allowance for Bad Debts 9,000; Cr. Bad Debts Expense 9,000 O o D. Dr. Bad Debts Expense 8,000; Cr. Allowance for Bad Debts 8,000 E. None of the above 11 Here Nueva 04 X-I Therwareen CAM opette IPPTE KETE we copy to Punts het w fake mport marten Flitary pen WHI Downluch Pictures ***240 Jpg Question 7 Question of 20 M M 5 points (Saved In a bank reconciliation, if the balance in cash per the Company's bocks is 120,000 and the deposit in transit is 10,000 and the outstanding checks are 5000 and the interest revenue is 5.00) and the EFT collection is 20,000 and the bank service charge is 1,000 and the NSF check is 14,000, what is the adjusted book balance? 1 her A. 160.000 O NE B. 140,000 134 Ons The C. 120,000 O D. 100,000 E. None of the above Low Dirk CHI Mv06 Network
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