What does a low receivable turnover ratio indicate? Cash collections are sluggish, taking longer to collect. Sales are growing Credit sales are much greater than cash sales. Customer payments are collected relatively soon after the sale has been made. None of the above. and each period. The premium on a bond is depreciated; increases expensed; increases increased; credited amortized; decreases none of the above A customer of Halifax Manufacturing recently tiled for bankruptcy protection leading Mallax's credit manager to conclude that the company would never collect the balance of 515.000 owed by the customer Which of the following journals would be made by Halifax to ced the wro-off of the customer's Accounts Receivable balance? Debil Allowance for Double Accounts and credit Accounts Receivable for 515608 Debt Bad Debt Expense and credit Alowance for Doubdul Accounts for 515 500 Debt Bad Dobt Expense and credit Acounts Receivable for 15.00 Debit Salus and credit Account Receivable for $15.000 None of the above journal entries would be made by Hallax to record the write off of the customer's Accounts Receivable balance