In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30 Deposits in transit at month-end Outstanding checks at month-end Bank service charges EFT automatically deducted monthly, not yet recorded by Maxi An NSF check returned on a customer account The adjusted cash balance per the books on January 31s. $ 5,925 $ 2,040 $ 640 $ 37 $ 620 $385 Multiple Choice 56.323 Pepoedinse reported net sales of $8.500 million, net income of $126 million and average accounts receivable of $680 million Its accounts receivable turnover is: . O save & EX A company has 5101.000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts, Experience suggests that of outstanding receivables are uncollectible. The current balance before adjustments in the allowance for doubtful accounts is a $910 debit. The Journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for Multiple Choco 13940 12120 3910 3030