Question 37 Not yet answered Points out of 1.00 Flag question Nancy Schwartzkopf has performed $3,000 of CPA services for a client but has not billed the client as of the end of the accounting period. What adjusting entry must Nancy make? Select one: a. Debit Cash and credit Unearned Revenue b. Debit Unearned Revenue and credit Service Revenue C. Debit Accounts Receivable and credit Unearned Revenue d. Debit Accounts Receivable and credit Service Revenue Question 39 Not yet answered Points out of 1,00 p Flag question At what amount will accounts receivable for Progress Company be reported on the balance sheet if the gross receivable balance is $52,000 and the allowance for doubtful accounts is estimated at 4% of gross receivables? Select one: a. $49,920 O O o b. $47,000 C $52,960 d. $28,200 Question 40 Not yet answered Points out of 1.00 Flag question Which of the following items would you add to the Freya Company's bank statement balance to arrive at the reconciled cash balance in a bank reconciliation: Select one: oa. "NSF checks Bank collection charges O b. Outstanding and "NSF" checks C. Bank service charges O d. Deposits in transit