The following account balances were extracted from the accounting records of Paul Corporation at the end of the yer Accounts Receivable $500.000 Allowance for Doubtful Accounts (credit) 25,000 Bad Debts Expense 40.000 What is the pet realizable value of the accounts receivable at the end of the year? $525,000 $460,000 $475,000 $500,000. Warren Company has a balance in Accounts Receivable at December 31, 2020 of 500.000 de will eventually become uncollectible. If the balance in the Allowance for Double Accounts on December 11.20 balance of $1.000, what would be the amount of Warren's adjusting entry for Bad Debts Experie on December 31, 2000 $42,000. $39.000 $40,000 $41.000 D Question 9 hamber 31, 2020, Pete Corporation has a note receivable of $20,000. The principal of the rate will be collected On December 31, 2020, Pete Corporation has a note receivable of $20,000. The principal of the one will be called $5,000 beginning on July 1, 2021 and continuing for a total of 4 years. The classicion of the note on Pete Carpenter December 31, 2020 is. $20,000 is a current asset. $20,000 is a long-term asset. $15,000 is a current asset and $5,000 is a long-term asset. $5,000 is a current asset and $15.000 is a long-term asset. Question 10 Question 10 On October 1, 2020, Alpha Corporation accepted a 9-month note receivable of $50.000 from ea Comten. The 2021 and carries a 6% annual interest rate. Alpha properly made an adjusting entry on December 31.3.2010 the three months of October, November, and December, 2020. What is the amount of interest revent that the ben income statement for 2020 and 2021? $750 in 2020 and $1.500 in 2021. $1.125 in 2020 and $1,125 in 2021. $1.500 in 2020 and $750 in 2021. $0 in 2020 and $2.250 in 2021. 118 Question 11