Question 31 8 points Save Answer On January 10 of the current year, Cheese Valley sold cheese to a customer for $6,000 with credit terms 1/10, n/30. How would Cheese Valley record the sale on January 10? 5,940 A Accounts Receivable Sales Revenue 5,940 6,000 Accounts Receivable B. Sales Revenue 6,000 Accounts Receivable Cash Discount Sales Revenue 5,940 60 6,000 OC 6,000 Accounts Receivable Cash Discount Sales Revenue 60 5,940 D On May 1 of the current year, Yam Jam sold produce to a customer for $3,000 with credit terms 2/10, n/40 The customer made the correct payment on May 9th. How would Yam Jam record the collection of cash on May 9th? 2,940 Cash Accounts Receivable 2,940 A. Cash Accounts Receivable 3,000 3,000 B Cash Sales Discount Sales Revenue 2,940 60 3,000 C. 2,940 60 Cash Sales Discount Accounts Receivable 3,000 11:28 PM 5/27/2020 EN 99% Question 33 8 points Sa Net accounts receivable (Net realizable value) is calculated as: Beginning balance of Accounts Receivable less all write offs for the period. O A. Account Receivable less Sales Discounts and Sales Allowances B. Net Revenues minus Sales Discount and Sales Allowance Accounts receivable minus Allowance for Uncollectible Accounts D Before any adjustments, Sleet Company had an end of the year accounts receivable balance of $510,000 and the allowance for uncollectible accounts had a $900 credit balance. An analysis of accounts receivable determines that the allowance for uncollectible accounts should be 2% of accounts receivable. The adjusting entry would include a credit to Allowance for Uncollectible Accounts of: $9,300. A $10,200. B. $11,100. OC $9,000. D