On October 1, 2018, Mandy's Electronic sold merchandise in exchange for a 4 month, $10,000 note receivable, with 6% interest. Interest revenue of $200 is earned in 2018. True OO False On January 1, All City Services has the following balances: Accounts Receivable $23.000 Bad Debts Expense 50 All City has the following transactions during January: Credit sales of $150,000, collections of credit sales of $82,000, and write-offs of $15,000. All City uses the direct write-off method. The amount of Bad Debts Expense for January is O A. $15,000 O B. $27,439 O C. $23,000 OD. $8,200 The three major types of receivables are accounts receivable, notes receivable, and other receivables. O True O False