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USE THE FOLLOWING INFORMATION FOR QUESTIONS #10: Motown Corporation reviews its estimate of uncollectible accounts and determines a change is necessary based on the following:

USE THE FOLLOWING INFORMATION FOR QUESTIONS \#10: Motown Corporation reviews its estimate of uncollectible accounts and determines a change is necessary based on the following: 10.) Calculate the amount of uncollectible accounts to be recorded for the 207 adjusting journal entry: 10.1) Regarding the journal entry above the account Bad Debt Expense should be: A. Debited B. Credited C. Neither D. There is no such account 10.2) Regarding the journal entry above the impact on net income is: A. Increase B. Decrease C. Zero

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