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ACC 100 Quiz Chapter 9
Multiple Choice Question 72

The allowance method of accounting for uncollectible accounts is required if

the company is a retailer.
bad debts are significant in amount.
the company charges interest on accounts receivable.
the company makes any credit sales.

Multiple Choice Question 164

The interest rate specified on any note is for a


Multiple Choice Question 166

The entry to record the dishonor of a note receivable assuming the ACC 100 payee expects eventual collection includes a debit to

Allowance here for Doubtful ACC 100 Accounts.
Accounts Receivable.
Notes Receivable.

Multiple Choice Question 43

The term "receivables" refers to

amounts due from individuals or companies.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
cash to be paid to debtors.

Multiple Choice Question 67

An alternative name for Bad Debt Expense is

Credit Loss Expense.
Deadbeat Expense.
Uncollectible Accounts Expense.
Collection Expense.

Tags: ACC, ACC 100, ACC 100 WEEK 10 QUIZ CHAPTER 9


ECN 220 Grand Canyon

ECN 220 Grand Canyon Week 4 Chapter 21 Problems Assignment



Complete problems 1, 4, and 5 in the textbook.

You are not required to submit this assignment to Turnitin, unless otherwise directed by your instructor. If so directed, refer to the Student Success Center for directions. Only Word documents can be submitted to Turnitin.

ECN 220 Grand Canyon Week 4 Chapter 21 Problems Assignment

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