Vincent Company uses the aging method to adjust the allowance for uncollectible accounts at the end of the period. At December 31, 2017, the balance of accounts receivable is $200,000 and the allowance for uncollectible accounts has a credit balance of $3,500 (before adjustment). An analysis of accounts receivable produced the following age groups: BE: (Click the icon to view the accounts receivable aging information.) The adjusting entry for bad debt expense was made in the amount of $8,450. What is the amount of the net receivables on the balance sheet? The net receivables on the balance sheet are $ . 1 Accounts receivable aging information ^ Current ................$ 60.day.s. past due........ 170,000 29,000 1,000 200,000 Qv.er.60 days past due.... - $ Print Done IXOS Ltd. accepted an eighteen -month, $15,000, 8% note from ECM Corporation on June 1, 2017. The amount of interest to be accrued on December 31, 2017, is: O A. $600 O B. $700 O C. $1,200 OD. $1,800 Accounts Receivable has a debit balance of $4,800, and the Allowance for Uncollectible Accounts has a credit balance of $400. A $140 accounts receivable is written off. What is the amount of net receivables (net realizable value) after the write-off? O A. $4,540 O B. $4,660 OC. $4,400 O D. $4,260 In a bank reconciliation, bank service charges are: O A. deducted from the bank balance in the general ledger OB. deducted from the bank balance on the bank statement O c. added to the bank balance in the general ledger OD. added to the bank balance on the bank statement