QUESTIONE Detonning the towance for doublecounts based on an analysis of the aging of relatie bed on the motion that man will waily pay their the longer a ronivable is outstanding, the less they will be collected O companies should never sell on credit corrad www have amounts of bad debit in each category QUESTION Which of the following companion would you expect to have a higher percentage of the allowance for doubtful accounts compared to its toll receivables? 1. Grand Victoria Casinos 2. TOM Corporation O Microsoft Inc. 4. Wal-Mart QUESTIONS An increase in the time it takes to collect accounts receivable, say from 35 days to 45 days, indicates that the accounts receivable turnover has O a decreased b, remained the same Oc neither increased nor decreased d. increased