Question 23 2 pts If the allowance method of accounting for uncollectible receivables is used, what general ledger account is credited to write off a customer's account as uncollectible? Accounts Receivable Uncollectible Accounts Expense Allowance for Doubtful Accounts Interest Expense Question 24 2 pts Assuming a 360-day year, the interest charged by the bank, at the rate of 6%, on a 90-day, discounted note payable of $100,000 is $6,000 O $1,500 O $500 O $3,000 Question 25 2 pts Which of the following taxes would be deducted in determining an employee's net pay? O FUTA taxes O SUTA taxes FICA taxes O all are correct Question 26 2 pts Most employers are levied a tax on payrolls for Osales tax O medical insurance premiums O federal unemployment compensation tax union dues Question 27 2 pts Each year there is a ceiling for the amount that is subject to all of the following except social security tax federal income tax federal unemployment tax Ostate unemployment tax Question 28 2 pts A pension plan that requires the employer to make annual pension contributions, with no promise to employees regarding future pension payments, is termed funded O unfunded defined benefit defined contribution