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Question 8 2 pts Ethan Corporation began 2020 with an $8,000 balance in accounts receivable...

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Question 8 2 pts Ethan Corporation began 2020 with an $8,000 balance in accounts receivable and a $400 balance in the allowance for doubtful accounts. During the year 2020, the company had credit sales (sales on account) of $96,000 and had collections of 86,000 from customers. The company uses the allowance method and believes that 5 percent of its outstanding accounts receivable balance will be uncollectible. There were no actual write-offs during the year. The balance in the accounts receivable account of Ethan Corporation at the end of 2020 would be O $ 7,600 $18,000 $10,000 O $17,600 2 pts Question 9 2 pts Using the information provided in Question 8, the amount of uncollectible accounts expense appearing on the 2020 income statement of Ethan Corporation would be O $400 $100 $500 $900 D Question 10 2 pts Using the information provided in Question 8, the net realizable value of receivables for Ethan Corporation at the end of 2020 would be O $16,700 O $17.100 O $17.500 O $ 9.500

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