Fan-Tantik Sperts Gear the. Nete Receivasle 300 dit year. Whing the precesing incermation, compute the term and the interest rate of the note receivabie from Fast fett. 1. Term of the notedave 2. Interest inte of the note: Dee Final Quewtiens Final Questions 300 cistimer acceunts. Bad dest experse was \$26, 197. or 1 \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{ 3ournat } \\ \hline Description & Debit & Credit \\ \hline 2hn 17sales & 9,000 & \\ \hline Bad Dete Experve & & 9.100 \\ \hline if bud Debt Cxpense. & 9800 & \\ \hline Recounts Recelvable. CIs Sports Corp. & & 9.500 \\ \hline 21 Cash & 10,700 & \\ \hline Bad Dett Expente & 2.200 & \\ \hline Acconits Recelvable-Four Semons Spertswear Co. & & 12,500 \\ \hline Feb. 15 Accounts Rectivable-Heathy Rumning inc. & 3,000 & \\ \hline Bad Dete Expense & $00 & \\ \hline Saies & & 3,500 \\ \hline & 2,p & \\ \hline Rad Dett Expense & & 2,200 \\ \hline 4 Cash & 2,200 & \\ \hline Dad Debt Expenie & & 2,200 \\ \hline 12 Cavh & 5.540 & \\ \hline Accourts Recemotie-Bart's Best Gear & & 5,548 \\ \hline It sad Dets Expenie & 21,070 & \\ \hline & & 5,250 \\ \hline Accourts Aecovable-The Locker Room & & 4,100 \\ \hline Accourts Recevable-cr sparts Corp. & & 2,700 \\ \hline Accourts Recovibie-Get Your Gear the. & & 7,050 \\ \hline Accounts fecteivabie-keadr 2C0 & & 1,690 \\ \hline \end{tabular} Recersing Uncollectable Receivables 1. Fow does the company apcear to be handing uncellect bie rectivabirs? appropriately, which of these observation are key factors in your decivien? a. Mont of the company sules are on sccount. B. An arulyis of the coneary accounts receivatia shews more accounts wil se uncollectibie than last vear. \&. Coledien apencies are rewtinelr vied. a. Bed debe is a rising expense. to recend had debic expense. Mevied Jeurnal Entries