QUESTION 5 Georgia Inc ended Year 1 with balances in Accounts Receivable of $20,000 and Allowance for Doubtful Accounts of $500. During year 2, Georgia Inc wrote off $200 of uncollectible accounts. Georgia estimates the ending Allowance for Doubtful Accounts balance should be $1,200 at the end of year 2. What amount will Georgia report as Uncollectible Accounts Expense for Year 2? QUESTION 6 Shawn Inc loans $10,000 to a client on May 1, Year 1. The one-year note carried a 6% rate of interest. What is the amount of interest revenue Shawn would record for Year 12 QUESTION 7 Shawn Inc loans $10,000 to a client on May 1, Year 1. The one-year note carried a 6% rate of interest. What is the amount of interest revenue Shawn would record for Year 2? Save All Ans Click Save and Submit to save and submit. Click Save All Answers to save all answers