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estion 13 5 points At the end of its first year of operations, Company A estimated that $10,000 of its $150,000 of accounts receivable were
estion 13 5 points At the end of its first year of operations, Company A estimated that $10,000 of its $150,000 of accounts receivable were uncollectible. What is the journal entry to record the $10,000 of uncollectible accounts receivable? A. Dr. Bad Debts Expense 150,000; Cr. Accounts Receivable 150,000 B. Dr. Accounts Receivable 10,000; Cr. Bad Debts Expense 10,000 C. Dr. Bad Debts Expense 10,000; Cr. Allowance for Bad Debts 10,000 D. Dr. Allowance for Bad Debts 10000; Cr. Bad Debts Expense 10000 E. None of the above 0 OLIVIT 14 Question 16 What is the amount of total interest to be earned on a $6,000 note at 10%, for 3 months? A. $600 In a bank reconciliation, if the bank service charge is 600, what is the journal entry to record the bank service charge expense? O A. Dr. Cash 600 Cr. Bank Expense 600 NO B. Dr. Bank Expense 600 Cr. Cash 600 O C. Dr. Interest Revenue 600 Cr. Cash 600 O D. Dr. Cash 600 Cr. Interest Revenue 600 E. None of the above B. 300 C. 150 D. 100 A Moving to the next question prevents changes to this answer. E. None of the above w
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