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Q 11answer the following multiple choice questions with the most correct answer Which of the following entries would be the appropriate entry for writing off

Q 11answer the following multiple choice questions with the most correct answer

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Which of the following entries would be the appropriate entry for writing off an uncollectible account receivable under the allowance method? O Dr. Bad Debt Expense Cr. Accounts Receivable O Dr. Sales Cr. Accounts Receivable O Dr. Accounts Receivable Cr. Bad Debt Expense O Dr. Allowance for Doubtful Accounts Cr. Accounts Receivable ogress Accounts receivable are reflected on the statement of financial position at the carrying amount which is O accounts receivable plus allowance for doubtful accounts. O accounts receivable less allowance for doubtful accounts. O accounts receivable plus bad debt expense. O accounts receivable less bad debt expense. Comprehensive income is equal to O net income minus other comprehensive income. O net income plus other comprehensive income. O gross profit plus other comprehensive income. O gross profit minus other comprehensive income. Craft Co. had the following activity during 2020: Net Income $50,000 Cash Receipts from customers $1,750,000 Cash Payments to suppliers $1,050,000 Depreciation Expense $35,000 Cash Payments for operations $640,000 What was the cash flow from operating activities? O $25,000 O $50,000 O $ 60,000 O $ 95,000 Factors that are indicative of a service warranty include all of the following except for O the warranty is legally required. O the warranty's price is negotiated separately. O the warranty is considered to be a separate performance obligation O warranty coverage period is longer

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