question 5.6and7

Question 7 (3 points) A company's Allowance for Doubtful Accounts has a credit balance of $25,000. It learns that one of its accounts receivable amounting to $1,800 is worthless and needs to be written off Which account should be credited for $1,800 when writing off the account? Assuming that after the account is written off, the supplier receives full payment from the customer. Which account will not be involved in the accounting entries made at the time when the payment is received? 1. Allowance For Doubtful Accounts 2. Accounts Receivable Bad Debts Expense 3. Which account should be debited for $1,800 when writing off the account? Question 5 (1 point) At the beginning of the year, the balance in AFDA is a credit of $640. During the year, $350 of previously written off accounts are reinstated and accounts totalling $410 are written off as uncollectible. What should the end of the year balance in the AFDA account be? $410 $580 $700 $760 Question 6 (1 point) What is the type of account and normal balance of AFDA? Contra asset, credit Asset, debit Asset, credit Contra asset, debit