Multiple Choice Question 167 Concord Co o ation lends Pina Colada Corp. $39600 on Apr. 1 accepting a four-month 12% interest note. Concord Corporation prepares f ancial statements on April 30 what a should be made before the financial statements can be prepared? usting entr Interest Receivable 396 Interest Revenue 396 Interest Receivable 1188 Interest Revenue 1188 Note Recelvable 39600 Cash 39600 Cash 396 Interest Revenue 396 Multiple Choice Question 111 Using the percentage-of-recelvables adjustment what is the amount of bad debt expense for that period? method for recording bad debt expense, estimated uncollectible accounts are $42000. If the balance of the Allowance for Doubtful Accounts is $4400 credit estimated $37600 $46400 $42000 $4400