SLO-5.3. If the credit terms are 2/10, n/30, the credit period is days. 010 030 02 OIndefinite
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- If the note payable has total credits of RO 500 and total debits of RO 120, how much is its balance? a. RO 620 b. RO 500 c. RO 120 d. RO 380Sales for credit is $5200000At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $42,500 and the allowance for uncollectible accounts is estimated at 16% of gross receivables? Select one: a. $42,500 b. $35,700 c. $28,900 d. $6,800
- Write a journal entry for the following beginning balance: “accounts receivable (net of allowance of 5200) 235,884"Requirement 4. Record the payment of the note payable (principal and interest) on its maturity date. (Record debits first, then credits. Exclude explanations from journal entries.) ss attached thanks 4y1 4Dec 31, What is the allowance for uncollectible accounts should have credit bal. for
