iew Insert Format Tools Table Window Help 15% S-UDE. Lab 6 fall 2020 - Compatibility Mode - Saved to my Mac esign Layout References Mailings Review View Table Design Layout Tell me 12 - A A Aa A 21 Autocena Abc AaBbd Alcode XX NA Na Song Hea 3. If Yak uses the analysis of receivables method, Bad Debt Expense on the October 2020 Income Statement will be: a $16,000 b. $17,200 c. $19,000 d. $20,200 4. If Yak uses the analysis of receivables method, the Allowance for Doubtful Accounts reflected on the October 31, 2020 Balance Sheet will be: a $16,000 b. $17,200 c. $19,000 d. $20.200 1 Focus words English ted States 5 7 8. 9 w R. Insert Format Tools Table Window Help *14%D S.OES Lab 6 fall 2020 - Compatibility Mode -Saved to my Mac Layout References Mailings Review View Table Design Layout Tell me AE 1 Aasiocent avec AaBb C 2. A 3 Nap H Style Per Multiple Choice (2 points each) Use the following information about Yak Corporation to answer the next four questions The Accounts Receivable balance for Yak Corporation is $82,000 at October 31, 2020. Before calculating and recording October 2020 bad debt expense, the Allowance for Doubtful Accounts has a debit balance of $3,000 Sales for the month we $950,000. An aging of accounts receivable results in a $17,200 estimate for the Allowance for Doubtful Accounts as of October 31, 2020. In the past several years, 2% of sales have proven uncollectible, 1. If Yak uses the percent of sales method, Bad Debt Expense on the October 2020 Income Statement will be: $16,000 b. $17,200 c. $19,000 d $20,200 2. Yak uses the percent of sales method, the Allowance for Doubtful Accounts reflected on the October 31, 2020 I Balance Sheet will be $16,000 b. $17.200 CS19.000 d $20,200 4 English as Sales > 0 A 8 7 S 4 0 8 9 5. 6 0 P. U E W T R