Question 16 Face value of a note plus interest is called the discount proceeds principal maturity value Question 17 The allowance for bad debts account is contra to which of the following accounts Revenue Cash Accounts Receivable Bad Debt Expense

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Question 16 - Face value of a note plus interest is called the discount. proceeds. principal. maturity value. Question 17 - The allowance for bad

Question 16 - Face value of a note plus interest is called the

	discount.
	proceeds.
	principal.
	maturity value.

Question 17 - The allowance for bad debts account is contra to which of the following accounts?

	Revenue
	Cash
	Accounts Receivable
	Bad Debt Expense

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