For Engle Company, the balance in Accounts Receivable at the beginning of the period was $800. During the period $3,200 of credit sales were made to customers. If the ending balance in Accounts Receivable amounted to $400, and uncollectible accounts of $200 were written off, the entry required to recognize the uncollectible accounts expense for 2012 will (Points : 7) increase total assets and retained earnings. decrease total assets and retained earnings. decrease total assets and increase net income. increase total assets and decrease net income. 13. At the end of 2012, Duffau Company had outstanding accounts receivable of $109,760. Before recording the adjusting entry for uncollectible accounts, the balance in the Allowance for Doubtful Accounts was $350. If Duffau estimates that it will not collect 4 percent of its accounts receivable, what amount of uncollectible accounts expense should Duffau record? Round to the nearest dollar. (Points : 7) $4,040 $4,740 $4,390 $5,090 8. Nevada Company paid to the state $1,800 in sales tax that it had previously collected from customers. What type of transaction was this? (Points : 7) Asset source Asset use Asset exchange Claims exchange 3. Taos Company sold goods to a customer for $100 and collected $7.50 in sales taxes. What type of transaction is the collection of the sales tax? (Points : 7) Asset source transaction Asset use transaction Asset exchange transaction Claims exchange transaction