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in accounting QUESTION 12 $85,200 What is the maturity value of a 6-month, 13% note for $80,000? (Round any intermediate calculations to two decimal places,

in accounting

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QUESTION 12 $85,200 What is the maturity value of a 6-month, 13% note for $80,000? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) $80,000 $90,400 $82,000 QUESTION 13 The Allowance for Bad Debts has a credit balance of $8000 before the adjusting entry for bad debts expense. After analyzing the accounts in the accounts receivable subsidiary ledger using the percentage of receivables $7000 method, the company's management estimates that uncollectible accounts will be $ 15,000. What will be the amount of Bad Debts Expense reported on the income statement? $23,000 $8000 $15,000 QUESTION 14 $3570 Accounts Receivable has a balance of $4000, and the Allowance for Bad Debts has a credit balance of $430. The allowance method is used. What is the net realizable value of Accounts Receivable after a $170 account receivable is written off? O $3400 O $3740 O $4000 QUESTION 15 The Allowance for Bad Debts account has a debit balance of $9000 before the adjusting entry for bad debts expense. After analyzing the accounts in the accounts receivable subsidiary ledger, the company's management estimates that uncollectible accounts will be $11,00 What will be the amount of the adjustment in the Allowance for Bad Debts account? $11,000 $20,000 $19,250 $18,900

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