Question: question 2.3 and 4 Question 2 (1 point) Sales on bank credit cards are typically reported as cash sales True False Question 3 (1 point)
question 2.3 and 4
Question 2 (1 point) Sales on bank credit cards are typically reported as cash sales True False Question 3 (1 point) Interest revenue would increase if the interest rate on a note receivable was increased True False Question 4 (1 point) A company estimates that $20,000 of its $500,000 of accounts receivable will be uncollectible. Its Allowance for Doubtful Accounts presently has a debit balance of $3,000. The adjusting entry will include ato Allowance for Doubtful Accounts. Debit Of $3,000 Credit Of $3,000 Debit Of $17,000 Credit Of $17,000
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