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Duncan Compration uses two aging categories to estimate uncolectible accounts. Accounts less than 60 days are considered young and have a 2% uncollectible rate. Acoounts

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Duncan Compration uses two aging categories to estimate uncolectible accounts. Accounts less than 60 days are considered young and have a 2% uncollectible rate. Acoounts moce than 60 days are considered old and have a 33% uncollectible rate. Duncan's Alowance for doubtful accounts curtently has an unad;usted credit baiance of $2,500. If Duncan has $77800 of young accounts and $14100 of old accounts, how much should be reported in the adjusted Allowance for doubtful accounts? Oout of 1 peires At the begining 2018 Evan Comoarry had a 51100 balance in its accounts receivable account and a 5426 balance in alowance for doubitul accounts. During 2018 , Evan experienced the tollowing events (1) Eamed 532216 of revenue on acoount. (2) Collecied 51 t.43 cash from acoounts recelvable. (3) Wrole-of 3271 of accounts receviable as uncolectble. Que of 1 points. 3. estion 4 Qout of 1 points On March 1, 201e. Bode Co scopted a 39300 tace value note as evidence of a losn it mase to T Company the note had a 8 percent interest rate and a one.year term. What is the interest nerenue tecegrited by Bode in 201 e

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