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Problems: 1. Accounting terminology - Match the following serms with the enpliations belonw A) Accounts Receivable Turnover Rat B) Allowance for Doubtful Accounts (1)Ameans of

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Problems: 1. Accounting terminology - Match the following serms with the enpliations belonw A) Accounts Receivable Turnover Rat B) Allowance for Doubtful Accounts (1)Ameans of accountingfor doubdd accoun wich-tutmapi=any e- receivables are determined to be worthless and is not GAAP (2) An account showing the amount of estimated ncollectibic oeivablies (3) The process of estimating uncollectiblccs b diing groups. 4) Dividing net sales by average roceivables to crte a mio to mu the iqpaiding of receivable. 2. You have received the bank statement for your cor=smondo ledger cash account. Your records show an ending bailance for the monh of Siz wible the ' show an ending balance of $12,340 The burk charged S22 n servicefo smrissn-s. All but three checks written during the month were processed by hak "ihar mib"-tt-he- exceptions were 1) Check #850 for S365 had not yet been processed byte bak 2) Check #851 for S440 had not yet been processed by the All but two of the deposits made during the month were processod ty the bunk without incit exceptions were: 1) A customer check for $250, which had been deposined during thewa meturmed NS 2) A deposit totaling $250 had not yet been processed by the hurik Using the information provided above, prepare a bunk reconcilasion

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