Depreciation is higher in the first few years and gets lower as time goes on when using the straight- line method. O True False At the end of the day, the cash register's record shows $1,050, but the count of cash in the cash register is $1,055. There was $0 cash in the drawer at the beginning of the day. The correct entry to record the cash sales is: Debit Cash $1,050: credit Sales $1050. O Debit Cash $1,055: credit Cash Over and Short $5; credit Sales $1.050 Debit Cash $1.050; debit Cash Over and Short $5; credit Sales $1,055 O Debit Cash $1,055; Credit Sales $1,055. Accounts Receivable is 120,000, Sales are $60,000, balance in the Allowance for Doubtful Accounts is a credit of $900, and the % of uncollectible credit sales is 5%. If a company is using the Allowance method, and the Income Statement method, what would be the adjusting entry needed to account for uncollectible accounts? O Credit to Bad Debt Expense and debit to Allowance for Doubtful Accounts for $3,000. O Debit to Bad Debt Expense and credit to Allowance for Doubtful Accounts for $2,100. O Debit to Bad Debt Expense and credit to Allowance for Doubtful Accounts for $6,000. O Debit to Bad Debt Expense and credit to Allowance for Doubtful Accounts for $3.000