On january 1, 2017, novak corp. had accounts receivable of $54,300 and allowance for doubtful accounts of $3,700. novak corp. prepares financial statements annually. during the year, the following selected transactions occurred:
jan. 5 sold $3,600 of merchandise to rian company, terms n/30.
feb. 2 accepted a $3,600, 4-month, 9% promissory note from rian company for
balance due.
12 sold $10,800 of merchandise to cato company and accepted
cato’s $10,800, 2-month, 10% note for the
balance due.
26 sold $12,200 of merchandise to malcolm co., terms n/10.
apr. 5 accepted a $12,200, 3-month, 9% note from malcolm co. for balance due.
12 collected cato company note in full.
june 2 collected rian company note in full.
15 sold $2,000 of merchandise to gerri inc. and accepted a $2,000,
6-month, 13% note for the amount due.

a

b

b

a

c

b

d

d

none of these are correct, as they are all sources of american law

a

answerembargo;

answerdata mart;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.