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On August 1, 2019, Hozores Ltd. sold equipment and accepted a six-month, 3%, $19,000 note receivable. Hozores's year-end is December 31. How much interest revenue
On August 1, 2019, Hozores Ltd. sold equipment and accepted a six-month, 3\%, $19,000 note receivable. Hozores's year-end is December 31. How much interest revenue should Hozores Ltd. accrue on December 31, 2019? (Round your answer to the nearest whole dollar.) A. $285 B. $238 C. $143 D. Some other amount Accounts Receivable has a debit balance of $4,400, and the Allowance for Uncollectible Accounts has a credit balance of $480. A $250 accounts receivable is written off. The balance of Allowance for Uncollectible Accounts, after adjustment, will be A. $230. B. $250. C. $550. D. impossible to determine from the information given. David Company uses the aging method to adjust the allowance for uncollectible accounts at the end of the period. At December 31,2020 , the balance of accounts receivable is $200,000 and the allowance for uncollectible accounts has a credit balance of $4,000 (before adjustment). An analysis of accounts receivable produced the following age groups: (Click the icon to view the accounts receivable aging information.) The adjusting entry for bad debt expense was made in the amount of $6,700. What is the amount of the net receivables on the balance sheet? The net receivables on the balance sheet are $ Accounts receivable aging informtion
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