b. If Beta Corp sends a check for $700 six months later, what entryfies) is/are made c. If ACME used the Allowance method to acceunt for uncollectible account, the journal entry to write off an account is: d. If Beta Corp sends a check for $700 six months later, what entry(ies) is/are made (assume the write-off is the one above, using the Allowance method): 10. When a company is required to use the Allowance method to estimate Bad debt expense, there are 3 methods discussed in the textbook that may be used for estimating Bad debt expense. a. Which method is known as an income statement method? b. Which methods are known as balance sheet methods? 1. ii. 11. Sometimes a seller may have a customer sign a note recelvable for a large purchase. How is a note receivable different from an accounts receivable? b. If Beta Corp sends a check for $700 six months later, what entryfies) is/are made c. If ACME used the Allowance method to acceunt for uncollectible account, the journal entry to write off an account is: d. If Beta Corp sends a check for $700 six months later, what entry(ies) is/are made (assume the write-off is the one above, using the Allowance method): 10. When a company is required to use the Allowance method to estimate Bad debt expense, there are 3 methods discussed in the textbook that may be used for estimating Bad debt expense. a. Which method is known as an income statement method? b. Which methods are known as balance sheet methods? 1. ii. 11. Sometimes a seller may have a customer sign a note recelvable for a large purchase. How is a note receivable different from an accounts receivable