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N Best Places for oung M FW Your Request for M bos/160462feb6c0682projector are red for all of the following except: A) collection of notes receivable

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N Best Places for oung M FW Your Request for M bos/160462feb6c0682projector are red for all of the following except: A) collection of notes receivable B) bank erors C) bank service charges D) an NSF check 37. To record estimated unscolectibke accounts using the alowance motmod, the adjustirg entry would be a: A) debit to Loss on Credit Sales Revenue and a credil to Accounts Recalvable B) debit to Bad Debis Expense and a credit to Alowance for Doubtful Accounts C) debit to Allowance for Doublul Accounts and a credit to Accounts Receivable D) debit to Accounts Recevable and a creait to Allowance for Doubtful Accounts 38 The maturity value of a $60,000, 8%, 60 day note receivable dated July 1 A) $69.600 B) $64 800 C) 560,800 D) $60 000 39. The direct wribe-off method of accounting for bad debts: A) does not require estirmetes of bad debt losses B) is the preferred method under generaly accepled accounting principles C) uses a contra-asset accou Dj uses an allowande account 40Dnaruary 1 5, 2015, Cole Company received a twomonth. 4%,$7,000 noe tr the settlemont of a past due recsive the e accounts neceivable They recors the foilowing entry when they 70007,000 Notes Recehvable Accounts Recevable Interesat Revainuo B) Notes Receivabl 7.000 C) Notes Receivable D) Notes RecAcouns Recarabi 7047 7,047 7,000 7,000

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