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Home 2022 Announcements Modules Wiley Course Resources Grades Discussions SJECCD Zoom NameCoach 0 Question 10 2 pts In 2021, Boyle Company had credit sales
Home 2022 Announcements Modules Wiley Course Resources Grades Discussions SJECCD Zoom NameCoach 0 Question 10 2 pts In 2021, Boyle Company had credit sales of $900,000. On January 1, 2021, Allowance for Doubtful Accounts had a credit balance of $22.500. During 2021. $36,000 of uncollectible accounts receivable were written off. Past experience indicates that the allowance balance should be 5% of the credit sales become uncollectible. What should be the required adjustment to the Allowance for Doubtful Accounts at December 31, 2021 if the ending accounts receivable balance was $240,000? $36.000 $24,000 $37,500 $45,000 2 pts Question 11 What is the interest earned on a $ 82,087, 7 %, 153 day note receivable? Round to the nearest one dollar,
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