Question 20 2 ts Which of the following statements if any.is/are true? L The payee of a note would record a notes receivable on its books. IL if the stated rate of a note is greater than the market rate of a note, the note would be issued at a discount Only Only Neither inori Both and I MacBook Pro Lompany estimated that 3% of its Accounts Rece recordas Bad Debts Expense for the year ended ember 31, 2019 would be uncollectible. What amount should the Vermont Company record as Bed Debt December 31, 2019? Question 19 2 pts The Vermont Company had a $479,000 debit balance in its Accounts Receivable account and a $4.100 debit balance in its Allowance for Doubtful Accounts account on its December 31, 2019 unadjusted trial balance. The company estimated that 4% of its Accounts Receivable at December 31, 2019 would be uncollectible. What amount should the Vermont Company record as Bad Debts Expense for the year ended December 31, 2019? MacBook Pro