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structions - READ ME!! X + nent/4664310050/assessment Return to Question 7 (1 point) Which of the following entries would be made to write off an
structions - READ ME!! X + nent/4664310050/assessment Return to Question 7 (1 point) Which of the following entries would be made to write off an uncollectible account receivable using the direct write-off method? a. Dr. Sales Cr. Accounts receivable b. Dr. Sales Cr. Allowance for doubtful accounts c. Dr. Bad debt expense Cr. Accounts receivable d. Dr. Allowance for doubtful accounts Cr. Accounts receivable Return to pa: Question 8 (1 point) Cheque #47 was written and recorded by the bank as $753. The business recorded the cheque as $735. It was a company error. This erro would result in a decrease in general ledger balance. True False Return to page Question 9 (1 point) Hook Co. signed a $12.000, 120-day, 5% interest-bearing note payable at the bank in exchange for cash. Which of the following journal ent should Hook Co. use to record the note? a. Cash 12,000 Accounts Payable 12.000 b. Notes Payable 12,132 Interest Expense 132 Cash 12,000 c. Notes Payable 12,000 Cash 12,132 Interest Expense 132
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