Will rate on multiple accounts if all 3 are answered

Question 45) The December 31, 2018 statement of financial position of Ocean Breezes Ltd reported Accounts Receivable of $450,000 and the Allowance for Doubtful Accounts of $45,000 (credit). During 2019, the following selected transactions occurred: 1. service revenue billed on account: $1,500,000; 2. accounts receivable written off: $37,000; 3. previously written off accounts of $4,000 were collected. The journal entry for transaction 2 would involve: a. a debit of $37,000 to bad debt expense. b. a credit of $37,000 to allowance for doubtful accounts. c. a debit of $37,000 to cash. abitavance Question 3 (1 point) Question 40) An aging of a company's accounts receivable indicates that $11,000 is estimated to be uncollectible. If the Allowance for Doubtful Accounts has a $1,600 debit balance, the adjustment to record bad debts expense for the period will require a a. debit to Bad Debts Expense for $12,600. b. debit to Bad Debts Expense for $11,000. c. debit to Bad Debts Expense for $9.400. Od. debit to Allowance for Doubtful Accounts for $11,000. dom o e. debit to Allowance for Doubtful Accounts for $12,600 a Question 61) FALL Ltd has the following selected transactions during the year ended December 31, 2019: January 1: Purchased a copyright for $90,000 cash and incurred legal fees amounting to $15,000 to defend it in court. The copyright has a useful life of six years and a remaining legal life of 30 years. March 1: Acquired a franchise with a contract period of nine years for $540,000; the expiration date is March 1, 2027. Paid cash of $40,000 and borrowed the remainder from the bank. September 1: Purchased a trademark for $75,000 cash. The adjusting entry on December 31 for the transaction on September 1 would include: d. a credit to accumulated amortization for $15,000 The adjusting entry on December 31 for the transaction on September 1 would include: M d. a credit to accumulated amortization for $15,000 a a. a debit to franchise for $75,000 O c. a credit to accumulated amortization for $5.000 b. a debit to amortization expense for $5.000 e, no entry