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On January 15, 2021, Crane Company received a two-month, 6%. $9400 note from William Pentel for the settlement of his open account. The entry by

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On January 15, 2021, Crane Company received a two-month, 6%. $9400 note from William Pentel for the settlement of his open account. The entry by Crane Company on January 15, 2021 would include a: O debit of $9494 to Notes Receivable. O credit of $9400 to Notes Receivable. O debit of $9400 to Notes Receivable. O credit of $9494 to Accounts Receivable. The financial statements of Bonita Manufacturing Company report net sales of $428800 and accounts receivable of $88000 and $46000 at the beginning and end of the year, respectively. What is the accounts receivable turnover for Bonita? O 6.82 times 4.87 times O 6.40 times O 9.32 times

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