entry to write off an account receiabie undet the alowance method wil A) reduce net income B) have no effect on net income C) increase total assets D) increase net income 20 On October 1, 2018, Equipment Suppliens, Inc made a oun so one of its cust mers. The customer signed 4e.ch om $110,000 at 12%, How much merest revenue 2018? (Round any intermediate caleulations to two deciemal places, and your final answer to the nescest dollar $1.320 DI $1,100 C) $4,400 Dj $3,300 21) Which of the following is included in the denominatoe of the acid-test A) total current Babilities less accounts peyabie 1 total labilinies C) total cuerent liabilities 22) Logan Sales Net credit sales: $790,000 Ending net accounts receivable: $20,000 Calculate the accounts receivable turmover ratio (Round your answer to the nearest whole numberj A) 18 times B) 25 times C) 40 times Di 37 times xam 2-Chapters 5 9814 (Pall 2018