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On 1/10/2018. Darcom company sold inventory of 47,000 accepting note receivable of five-month, 9% interest rate. What is the interest revenue Darcom company for 2019.
On 1/10/2018. Darcom company sold inventory of 47,000 accepting note receivable of five-month, 9% interest rate. What is the interest revenue Darcom company for 2019. Select one: a. $ 6,660 b. $1,665 C. $1,110 d. The answer does not exist e. $80,660 Using the percentage of receivables method for recording bad debt expense, estimated uncollectible accounts are $11,000. If the balance of the Allowance for Doubtful Accounts is $2,800 debit before adjustment, what is the balance after adjustment? Select one: a. $11,000 b. $8,200 C. The answer does not exist d. $13,800 e. $2,800
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