D 7. Uptown, Inc. has determined that account receivable of $125 is uncollectible. The company lines the direct write-off method. Which of the following entries is required to record the write-o? A) Bad Das Expense 125 Accounts Receivable 125 B) Cash 1251 Accounts Receivable 125 125 a Allowance for Bad Debis Accounts Receivable D) Accounts Receivable 125 Bad Debts Expense 129 8. Which of the following methods requires two entries to record the recovery of accounts receivable previously written off? direct write-off b. allowance c. Two entries are never required. d. Both direct write-off and allowance. A 9. On July 7, A-I Credit Union loaned $440,000 to Bridal Retail Shop on a 90 day, 8% note. What is the maturity date of the note? October 7 b. October 3 c. October 6 d. October 8 10. On January 10, University Bank lent $560,000 to Jazz Music Shop on a 60 day, 7% note. What is the maturity value of the note? (Use a 360-day year and round answers to the nearest dollar.) a. $560,000 b. $599,200 c. $566,444 d. $566,533 11. Calculate the interest on a 90-day, 9% note for $50,000. (Use a 360-day year to compute interest. Round your answer to the nearest dollar.) a. $2,250 b. S1,125 c. $4,500 d. $375