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Use the following to answer questions 20 22 At the beginning of the year; MB, Inc.'s allowance for uncollectible accounts had a beginning balance of

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Use the following to answer questions 20 22 At the beginning of the year; MB, Inc.'s allowance for uncollectible accounts had a beginning balance of $4,000. On January 22nd, MB wrote off the A/R from customer C for $400 20. Record the entry for write-off 21. $ By the end of the year (December 31"); total accounts written off were $3,250 (including the write off for customer C). What is the balance in the allowance for uncollectible accounts after all the write-offs? 22. $ How much did bad debt expense change when the company wrote off the accounts receivables? Use the following to answer questions 23 25 The company invested $250,000 on July 1, 20XA at 4% simple interest for 27 months). 23. $ 20XA Determine interest revenue for 24. $ 20XB Determine interest revenue for Determine interest revenue for 25. $ 20XC

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