Sheffield Corp. has a $ 90000 note that carries an annual interest rate of 5%. If the amount of the total interest on the note is equal to $ 3375, then what is the duration of the note in months? 6 months 4 months 12 months 9 months An aging of a company's accounts receivable indicates that $10100 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $4950 debit balance, the adjustment to record bad debts for the period will require a debit to Bad Debt Expense for $10100. debit to Allowance for Doubtful Accounts for $15050 debit to Bad Debt Expense for $15050. credit to Allowance for Doubtful Accounts for $10100. The direct write-off method of accounting for uncollectible accounts emphasizes the matching of expenses with revenues. emphasizes balance sheet relationships. emphasizes cash realizable value. is not generally accepted as a basis for estimating bad debts