Time loll 1:07:58 Match the following statements (you can use every answer only one time) Net Book value Net realizable (cash) value In a period of increasing prices, LIFO Choose Accounts receivable minus allowance for doubthul accounts LIFO assumption Produces the highest net income Cost minus accumulated depreciation Pay within 3 days of the involce date, and get a 5% discount Pay within 5 days of the invoice date, and get a 3% discount FIFO assumption Requires one entry when a sales transaction occurs Produces the lowest net income Requires two entries when a sales transaction occurs In a period of increasing prices, AFO Periodic inventory system Choose Perpetual Inventory system Choose Cost of goods sold from latest porchoses Choose Cost of goods sold is from earliest purchases Choose 3/5. net 30 Choose