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Which of the following transactions does NOT affect bad debt expense? (3 marks) a. giving a cash refund to a customer who returned an item
Which of the following transactions does NOT affect bad debt expense? (3 marks) a. giving a cash refund to a customer who returned an item that he had already paid for b. using the aging method to estimate the required Allowance for Doubtful Accounts c. receiving a cheque from a customer whose account receivable was previously written off d. writing off an account receivable e. a sales return, where the original sale was on account f. only choices a, b, and c are correct g. only choices a, b, and d are correct h. only choices b, c, and d are correct i. only choices c, d, and e are correct j. only choices b, d, and e are correct Which of the following transactions do NOT change the net realizable value of accounts receivable? ( 2 marks) a. receiving a cheque from a customer whose account receivable was previously written off b. cash sales c. writing off an account receivable d. a sales return, where the original sale was on account e. recording bad debt expense f. only choices a, b, and c are correct g. only choices b and c are correct h. only choices a, c, d, and e are correct i. only choices a, b, c, and d are correct j. choices a, b, c, and d are all correct
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