of Receivables are usually a significant portion 20 a. total current liabilities. b. total sales. c. total current assets. d. total stockholders' equity. A note receivable due in 90 days is listed on the balance shect under: a. long-term liabilities b. fixed assets c. current liabilities. d. current assets. 22. The due date of a 90-day note dated July 5 is: a. September 30 b. October 2. c. October 3, d. October 1. 23.- A 90-day, 8% note for S 10,000 dated May l is received from a customer on account. The maturity value of the note is (Assume 360 days in a year): a. $10,000. b. $10,800. c. $10,200 d. $9,800. 24- A 60-day, 12% note for $15,000 dated May 1 is received from a customer on account. The maturity value of the note is (Assume 360 days in a year): a. $15,300. b. $15,000. c. $14,700. d. $16,800. 25. Taxes receivable is classified as: a. other receivable. b. notes receivable c. accounts receivable. d. trade receivables. 26. The two methods of accounting for uncollectible receivables are the: a. b. c. d. direct method and the indirect method allowance method and the direct write-off method cash method and the accrual method. percent of sales method and the analysis of receivables method 27.--. Allowance for Doubtful Accounts is listed on the balance sheet under the caption: a. stockholders' equity. b. investments. c. fixed assets. d. current assets