Question: 38 (3 points) Compute the maturity value for the following note receivable. A $5,000, 6%, 3-month note dated July 20. Maturity value $_ 39. (6
38 (3 points) Compute the maturity value for the following note receivable. A $5,000, 6%, 3-month note dated July 20. Maturity value $_ 39. (6 points) Compute bad debt expense based on the following information: (a) RLF Company estimates that 10% of accounts receivable will become uncollectible. Accounts receivable are $100,000, at the end of the year, and the allowance for doubtful accounts has a $600 credit balance. (b) RLF Company estimates that 10% of accounts receivable will become uncollectible. Accounts receivable are $100,000 at the end of the year, and the allowance for doubtful accounts has a $500 debit balance
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