Question 37 View Policies Current Attempt in Progress Over the term of the bonds, the balance in the Discount on Bonds Payable account will increase. fluctuate up and down if the market is volatile. be unaffected until the bonds mature. decrease. Save for Later 3:18 PM /11/2020 Your grade has been recorded in the Gradebook Your grade has been recorded in the Gradebook Mon, May 11, 2020, 3:17:06 PM (America/New York-04:00) Show Timer Question 39 View Policies Current Attempt in Progress Splish Brothers Inc. had a balance in the Accounts Receivable account of $816000 at the beginning of the year and a balance of $907000 at the end of the year. Net credit sales during the year amounted to $8072000. The accounts receivable turnover was 9.4 times. 9.9 times. 8.9 times. 9.7 times Attempts: 0 of 1 used Submit Answer Save for Later