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QUESTION 22 Jessica's Jolly Jewels had beginning Accounts Receivable of $10,000 and a beginning Allowance for Doubtful Accounts of $500. During the year she sold
QUESTION 22 Jessica's Jolly Jewels had beginning Accounts Receivable of $10,000 and a beginning Allowance for Doubtful Accounts of $500. During the year she sold $84,000 on credit and collected $80,000 of Accounts Receivable. If she estimates that 5 of her accounts receivable will never be collected, the balance in her Allowance for Doubtful accounts at the end of the year would be: O A. some other number OB. $200 OC. $ 1.200 D. S 600 OE. $ 700 QUESTION 23 Still on jessica, what would the credit to the Allowance for Doubtful Accounts be at the end of the year if during the year she had written off a bum who owed her $500? O A 5675 OB. $ 695 OC. some other number OD. $ 775 E. $ 250 6.25 points Save Answer QUESTION 24 Still on Jessica. If She estimates that 5% of her accounts receivable will never be collected, the Bad Debt Expense for the year would be O A some other number OB. $ 760 OC. $200 OD. $ 300 O E. S 660
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