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Queston 9 (of 50) value 2.00 points The balance sheet presentation of accounts receivable net of the allowance for doubtul accounts has the effect of

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Queston 9 (of 50) value 2.00 points The balance sheet presentation of accounts receivable net of the allowance for doubtul accounts has the effect of tating accounts recelvabieat O market value. O original cost. O lower of cost or market O net realizable value. O Type here to search 10. 2.00 points If an organization purchases $2,100 of supplies on account, with terms of 2/15, n50 O $1,950 must be paid within 15 days of the invoice date. O $2.058 can be paid within 15 days of the invoice date, or $2.142 must be paid within 50 days of the nvoice date O $2.058 can be paid within 15 days of the invoice date, or $2,100 must be paid wthin 50 days of the invoice date. O $2.094 must be paid within 50 days of the invoice date O Type here to search Question 11 (of 50) value: 2.00 points Regardless of the inventory cost flow assumption used, inventories n the balance sheet are stated at O original cost. O replacement cost. O realizable value. O the lower of cost or market. 0 Type here to search Question 12 (of 50) 12. 200 points For which of the following reconciling items would an adjusting entry be necessary on the company's book? O An error by the bank. O A bank service charge. O A deposit in transit. O Outstanding checks. O Type here to search

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