Question 17 On the balance sheet the amount shown for the Allowance for Doubtful Accounts is equal to the uncollectible accounts expense for the year total of the accounts receivables written-off during the year total estimated uncollectible accounts as of the end of the year sum of all accounts that are past due. Question 18 Long-term investments are held for all of the listed reasons below except to earn the interest or dividend income for its long-term gain potential to influence over another business entity to meet current cash needs Muitat. Question 19 An intangible asset is amortized over the useful life of the asset. True False Mene. Question 20 The calculation for annual depreciation using the straight-line depreciation method is cost times estimated useful life market value / estimated useful life cost / estimated useful life salvage value times estimated useful life