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Return to page Question 1 (1 point) A credit sale of $2,500 to a customer would result in a. A credit to Sales and a
Return to page Question 1 (1 point) A credit sale of $2,500 to a customer would result in a. A credit to Sales and a credit to the customer's account in the Accounts Receivable Ledger b. A debit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the Accounts Receivable Ledger c. A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the Accounts Receivable Ledger d. A credit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the Accounts Receivable Ledger Return to page 2 Question 2 (1 point) Long-term liabilities a are obligations of a company not requiring payment within one year: b. are obligations requiring payment within one year or less. c. are liabilities arising from future events, d. are sometimes reported on the income statement Return to page 3 Question 3 (1 point) On December 31 of the current year, Techcom sunadjusted trial balance included the following items: Accounts Receivable debit balance of 5107.250: Allowance for Doubtful Accounts, credit balance of $1.900. What amount should be debited to Bad Debt Expense, assuming 6 of outstanding accounts receivable as of December 21 of the current year: are estimated to be uncollectible? b. 58,335 52.835 o
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