Use the following to answer questions 20 - 22 At the beginning of the year; the company's allowance for uncollectible accounts had a beginning balance of $8,000. On January 22nd, the company wrote off the A/R from customer C for $500 20. Record the entry for write-off Allowance A/R 22. $ BO 21. $ 2.00 By the end of the year (December 31st); total accounts written off were $7,800 (including the write off for customer C). What is the balance in the allowance for uncollectible accounts after all the write- offs? 23. $ Use the following to answer questions 23 - 25 24. $ The company invested $100,000 on August 1, 20XA at 9% simple interest for 2 years. 25. $ 29. $ 30. $ 26. $ 28. $ 27. $ How much did bad debt expense change when the company wrote off the accounts receivables? Use the following to answer questions 26-27 The company invested $100,000 on April 1, 20XA at 6% simple interest for 1 year. Determine interest revenue for 20XA Chapter 5 Determine interest revenue for 20XB Determine interest revenue for 20XC Use the following to answer questions 28 - 30 The company lent $200,000 on November 1, 20XA at 3% simple interest for 18 months. Determine interest revenue for 20XA 500 Determine interest revenue for 20XB Determine interest revenue for 20XA Determine interest revenue for 20XB Determine interest revenue for 20XC Page 5-3

Use the following to answer questions 2022 On lanuary 22 nd, the compony wrote off the A/a from pustsemer C for $500 11. 5.200 By the end of the year (December 317 ; total accounts written off were 57, too feclubine the offs? 22. S How ruch did bad debt expende change when the company wrote off the accounts recevables? Use the following to answer questions 2325 The company invested $100,000 on August 1, 2004 at 9X s imple interest for 2 vears. 23.5 Determine intertst revenue for 200A 24.5 Determine interest revenue for 200a 25.5 Deteimine interest trvechue for 200C Use the following to anower questions 2627 The company invested $100,000 on Apr11,200A at 6% simple intereat for 1 vear. 26. $ Determine interest revenut for 209 27.5 Determine interest revenve for 206t Use the following to anwwer questions 2830 The company lent $200,000 on November 1,2004 at 3W simple interest for 18 months. 28.5 Determine interest revenuc for 20A 29.5 Determine interest revenue for 203 30.5 Determine interest revenue for 20xC