THIS Tel. luu pus possi After the December 31, 2019 adjusting journal entries have been posted, Sinclair Enterprises has the following account balances (all accounts have normal balances) Account Title Accounts Receivable Allowance for Bad Debts Bad Debts Expense Account Balance $157,000 $4,900 $8,500 What is the net realizable value as of December 31, 2019? O A. $148,500 OB. $161,900 O C. $143.600 OD. $152,100 Click to select your answer. The Allowance for Bad Debts account has a credit balance of $3.000 before the adjusting entry for bad debts expense. The company's management estimates that 2% of net credit sales will be uncollectible for the year 2019. Net credit sales for the year amounted to $290,000. What is the amount of Bad Debts Expense reported on the income statement for 2019? O A. $5,800 OB. $2,900 O C. $8,800 OD. $2,800 Click to select your answer. Best wpis possible On October 1, 2019, ABC Company loaned A. Jenkins $9.000 at an annual interest rate of 3% with a maturity date of April 1, 2020 On October 1, 2019. ABC Company will record O A. a debit to Notes Receivable - A Jenkins of $9,000 OB. a debit to Notes Receivable - A. Jenkins of $0,270 O c. a credit to Notes Payable - A. Jenkins of $9,000 O D. no entry since the note is due on April 1, 2020 Jules