Please do question 5

QUESTION 5 1. At December 31, Benjamin Co. reported accounts receivable of $52,000 and an allowance for uncollectible accounts of $400 (credit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable. The amount of the adjustment for uncollectible accounts would be: ca. $3,000 b. $2,600 CC. $2,200 d. 2,800 10 points 9001 QUESTION 6 1. When using an aging method for estimating uncollectible accounts: C a. Older accounts are considered less likely to be collected. C b. Older accounts are considered more likely to be collected. CC No estimate of uncollectible accounts is made. bara the account is past due is not considered