Question 6 0.25 pts Flora and Fauna Flower Shop sells more flowers during Valentine's Day if they extend credit to customers and sell on account. This holiday, F&F sold $23,000 in flowers on account. F&F estimates that $4,000 of the sales generated will go uncollected. If F&F writes off 1,200 in accounts, what is the dollar impact to revenue and NRV? 4,000 3,800 1,200 0 D Question 7 0.25 pts A inventory system is constantly being updated as sales are made throughout an accounting period, where a to determine Cost of Goods Sold. inventory system requires an end of period inventory count Perpetual, Regular Continuous, Periodic Perpetual, Periodic Periodic, Perpetual