Question 35 Not yet Increase in Allowance for receivables is considered as: answered Marked out of 1.00 P Flag question An Expense Profit Asset An Income wiwarioba a Question 17 Not yet answered Marked out of 1.00 Al Bajha Company grants a $ 400 allowance to a customer for damage resulting from improperly packed merchandise. If the customer has not yet paid the account the required journal entry would be Flag question DEBIT Cash $400 CREDIT Sales $400 DEBIT Sales return and allowarxes S400 CREDIT Accounts receivable $400 DEBIT Purchases $400 CREDIT Cash 3400 DEBIT Accounts receivable $ 400 CREDIT Sales return and allowances $400 Question 9 Not yet Purchases $1.410 on credit from Asia had been entered in Arwa account is an example of . answered Marked out of 1.00 Error of Omission Complete reversal of entries Error of Commission Compensating errors Flag question Question 7 Prepare Sales Ledger Control Account and find out the Cash Receipts from customer for the month of Jan, 2021. Not yet answered Marked out of 1.00 Flag question Particulars $ Opening Balance as on 15 January, 2021 27.971 $25,300 $29.800 $29,400 $30,250 Closing Balance as on 31 January, 2021 40,2211 Credit Sales 42,500 rrecoverable debts 450 Question 3 Not yet Jamil Lent us $1,500 by cheque. This transaction will be entered in Cash Book as answered Marked out of 1.00 Flag question Credit side of Cash Column Debit side of Bank Column Debit Side of Cash Column Credit side of Bank Column Question 1 A company purchased $4,500 of merchandise on May 1 with terms of 2/10, n/30. On May 6, it returned $250 of that merchandise Incomplete answer On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to Marked out of 2.00 P Flag question The cash paid on May 8 is: $4,165 The cash paid on June 10th : $4,165 $4,250 $4,150 Please put an answer in each $4,500