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- REVINY Wenen-ont account BE8.9 (LO 2) AP At the end of 2020, Perry Co. has an allowance for doubtful accounts of $28,000. On January

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- REVINY Wenen-ont account BE8.9 (LO 2) AP At the end of 2020, Perry Co. has an allowance for doubtful accounts of $28,000. On January 31, 2021, when it has accounts receivable of $575,000, Perry Co. learns that its $5,500 receivable from Tokarik Inc. is not collectible. Management authorizes a write off. Record write off and compare carrying amount. a. Record the write off. b. What is the carrying amount of the accounts receivable (1) before the write off, and (2) after the write off? BE8.10 (LO 2) AP Assume the same information as in BE8.9. Tokarik Inc.'s financial difficulties are over. On June 4, 2021, Perry Co, receives a payment in full of $5.500 from Tokarik Inc. Record this transaction. Record collection of account previously written off. BE8.11 (LO 3) AP Yamada Co. has three outstanding notes receivable at its December 31, 2021, fiscal year end. For each note, calculate (a) total interest revenue, (b) interest revenue to be recorded in 2021, and (c) interest revenue to be recorded in 2022. Calculate interest on notes receivable. Issue Date 1. August 31, 2021 2. Nosember 1, 2021 3. October 1, 2021 Term Principal Interest Rate 9 months $15.000 6 6 months 44,000 89 15 months 30,000 dise an account to Lechner & Associates for 3.600,00 FM

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