QUESTION 9 During a period of rising prices, the cost flow assumption that will generally result in the lowest reported net income is: Cannot tell based on this information FIFO Weighted average LIFO QUESTION 10 Dominick Company has Accounts Receivable of $100,000 and a $5,000 credit balance in its Allowance for Doubtful Accounts account on December 30, 2012. On December 31, 2012, it wrote off $1,400 as uncollectible from a bankrupt customer. After the write-off, the net realizable value of the accounts receivable is: $93,400 $96,400. $95,000 $98,600. none of the above