10. When a note is dishonored, the payee's entry includes a A) credit to Accounts Receivable. B) debit to Interest Expense C) credit to Interest Income D) debit to Notes Receivable. made), Allowan percent of net sal 11. A company has net sales of $100,000 during the year. At year end (before a estimates tor Uncollectible Accounts has a credit balance of $5,000. If the company is uncollectible, what is the balance in the allowance account after the year-en A) $3,000 debit balance B) $3,000 credit balance C) $8,000 credit balance D) $2,000 debit balance 10. When a note is dishonored, the payee's entry includes a A) credit to Accounts Receivable. B) debit to Interest Expense C) credit to Interest Income D) debit to Notes Receivable. made), Allowan percent of net sal 11. A company has net sales of $100,000 during the year. At year end (before a estimates tor Uncollectible Accounts has a credit balance of $5,000. If the company is uncollectible, what is the balance in the allowance account after the year-en A) $3,000 debit balance B) $3,000 credit balance C) $8,000 credit balance D) $2,000 debit balance