Question 8 Check all that Apply: Which of the following is true concerning the 'Allowance for Doubtful Accounts T-account? It is an estimate to record an expense for possible bad debt losses that may occur in the period when the related sales are recorded It is the amount of uncollectible accounts that are written off to date It is the difference between total credit sales and collection on credit salos It is the difference between the face value of accounts receivables and the expected not realizable value of accounts receivables Question 9 Which of the four inventory cost flow assumptions is best suited to inventories of high-priced fors that are very unique and have very cont purchase pros? LIFO OFFO Average Cost Specific identification w question will save this response Question 10 Which of the four inventory cost flow methods is suitable for businesses that have inventory items that are perishable in nature? LIFO FIFO Average Cost Specific Identification