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i need help please. At the beginning of Year 3 Omega Company had a $60,000 balance in its accounts receivable account and a $3,000 balance

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At the beginning of Year 3 Omega Company had a $60,000 balance in its accounts receivable account and a $3,000 balance in allowance for doubtful accounts. During Year 3, Omega experienced the following events. (i) Omega eamed $200,000 of revenue on account (2) Coliected $210,000 cash from accounts recelvable (3) Wrote-off $2,000 of accounts receivable as uncollectible Omega estimates uncollectible accounts to be 4% of recelvables. Based on this information, the December 31 , Yeor 3 unadjusted (current) balance in allowance for doubtful accounts account (balance before expense recognition) is On October 1, Year 1 Hernandez Company loaned $60,000 cash to Acosta Company. The two-year note cartied a 6% rate of interest. Which of th following shows the effect of Year 2 interest expense on Hernandez's financial statements

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