What are the explanations for the answers to these questions?

42) a

43) d

44) b

42. An analysis of accounts receivable of Watts Company at December 31 reveals: Accounts receivable $ 2,400,000 Allowance for doubtful accounts per books before adjustment (credit) 150,000 Total amount expected to become uncollectible 195,000 What is the cash realizable value of accounts receivable at December 31 on Watts' balance sheet? a. $2,205,000 b. $2,250,000 c. $2,355,000 d. $2,400,000 43. The maturity value of a $40,000, 9%, 40-day note receivable dated July 3 is (use a 360 day year): c. $43,600 a. $40,000. b. $41,800. d. $40,400 44. Which following item is NOT included in the COST of a truck on the balance sheet? a. State sales tax. b. Collision insurance premium. c. Auto delivery charges. d. Cost of lettering the business name and phone number on side of truck