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Which of the following are strong internal controls that can be implemented to help protect the cash account? (1) Monthly bank reconciliations (2) Cash should be kept on hand and infrequently deposited (3) One person should handle all areas relating to cash (such as opening the mail and making deposits) (1) and (3) only (1) and (2) only (1) only (3) only Britta's Basket's had initially purchased $25,000 of inventory, on account, on July 2nd with terms of 2/15, n/45. Record the transaction using the horizontal model showing the payment made on July 10th. Assume that no previous payments were made. Accounts Payable - $(24,500): Inventory $500; Cash = $125,000) Accounts Payable - $(25.000); Cash $125.000) Accounts Payable - $(25,000); Cash - $500, Inventory $125,500) Accounts Payable - $125,000); Cash $124.500); Inventory = $1500) When a company accepts a credit card payment, which of the following is true? (1) The company records a receivable for the sale less the credit card fee. (2) The only effect on the income statement is the revenue from the sale. (3) The company will record both revenue for the sale and expense for the credit card charge at the time of sale. (1) only (2) only (1) and (3) only (1) and (2) only Chrysler Co. provided $46,051 of services on account during 2019, which happens to be its first year of operations. During the year, they collected $32,810 of cash from accounts receivable. Also during the year, $2,238 of bad debt expense was recognized. The amount of net realizable value of accounts receivable on the 2019 balance sheet was: Enter answer as a whole number (no decimals) and without a dollar sign (e, 4,250)