D Question 35 The Cannon Corp. records the following transactions related to accounts receivable and uncollectible accounts for the year: 1-Jan During the year: Allowance for Doubtful Accounts has a credit balance of $2,400 $2,140 of accounts written off as uncollectible $ 350 of accounts receivable previously written off as uncollectible were paid 31-Dec Bad Debt Expense of $4,000 is recorded What is the balance in Allowance for Doubtful Accounts on December 31, after adjusting entries have been made? O $6,400, credit. O $4,610, credit. O $7,490, credit. O $5,310, credit. D Question 36 The interest paid on the date of maturity of a $20,000, four-month (120 day) note at 9% is: O $21,800. O $600. O $20,600. O $1,800