I need help with the following accounting questions 9-13.

The allowance method best illustrates the matching pnnciple of accruing for uncollectible accounts expense. True False Sales Returns and Allowam-es is a contra-revenue account that is found in the Balance Sheet. True Felse Table I : Company N sold merchandise on account to Customer O for 53,400.00 on July I. The terms of sale are: 1/15, n/30. On July 4, Customer o returned S400.(N) worth of merchandise. The cost of these inventory items sold is S l, (100m. The cost of the inventory items returned is S40.CK). Company N uses perpetual inventory system. Refer to Table I, the entry on the books of Company N on Iuly I to record the sales will include: O Debit to Cash for SS,400.OO Credit to Inventory for 33,000.00 c. Debit to Cost of Sales for 33,400.00 d. Credit to Accounts Payable for 53,000.00 e. Credit to Sales Revenue for 53,400.00 Refer to Table the entry on the books of Company N on July 4 to record the return of merchandise will include: e. Debit to Sales Returns and Allowances for 3400.00 Credit to Cash for S400.OO c. Debit to Cost of Sales for 540.00 O d. Credit to Accounts Receivsble for 540.00 e. Debit to Inventory for 5400.00 Refer to Table I, except that Company N uses periodic inventory system. The entrs' on the books of Company N on July Ito record the sales mll Include: e. Debit to Cash for SS,OOO.OO Credit to Accounts Payable for $3,400.00 c. Debit to Accounts Receivsb'e for 33,400.00 O d. Creditto Cost ofSaIes for SI e. Debit to Inventory for SI