q1- A 60-day, 5% note for $6,000, dated April 15, is received from a customer on account. The face value of the note is

a. $6,000

Ob. $300

Oc. $6,300

O d. $6,050

q2- Allowance for Doubtful Accounts has a debit balance of $900 at the end of the year (before adjustment), and bad debt expense is estimated at 2% of credit sales. If credit

sales are $850,000, the amount of the adjusting entry to record the estimate of the uncollectible accounts

a. is $900

b. is $17,900

c. is $17,000

d. is $16,100

(can you also post the way you did it? not just the answer please)