CISES BE8-1 Presented below are three receivables transactions. Indicate whether these re- on a ceivables are reported as accounts receivable, notes receivable, or other receivables balance sheet. (a) Advanced $10,000 to an employee. (b) Received a promissory note of $34,000 for services performed. (c) Sold merchandise on account for $60,000 to a customer BE8-2 Record the following transactions on the books of Jarvis Co. (Omit cost of g oods sold entries.) (a) On July 1, Jarvis Co. sold merchandise on account to Stacey Indc. (b) On July 8, Stacey Inc. returned merchandise worth $2,400 to Jarvis Co. 2/10, n/30. (c) On July 11, Stacey Inc. paid for the merchandi d BE8-3 At the end of 2016, Safer Co. has accounts receivable of $700,000 and an allowance for doubtful accounts of $25,000. On January 24, 2017, it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a e. write-off of $4,300. (a) Prepare the journal entry to record the write-off. (b) What is the cash realizable value of the accounts receivable (1) before the write-off and (2) after the write-off? BE8-4 Assume the same information as BE8-3 and that on March 4, 2017, Safer Co. receives payment of $4,300 in full from Madonna Inc. Prepare t he journal entries to record