Which of the following principles of cash management

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50.Which of the following principles of cash management is untrue?
51.Which of the following is a prinicple of good cash management?
Topic 81.The valuation of accounts receivable at gross receivables less anticipated future bad debts is known as:
2.The main problem that exits in valuing accounts receivable is:
3.Accounts receivable are classified into several broad categories. These are:
4.Which of the following is not one of the wys in which the asset 'otherreceivables' could arise?
5.How is accounts receivable usually valued in the balance sheet?
6.Under the income statement method of estimating debts likely to bebad:
7.Which statement regarding the direct write-off method of bad debts is untrue?
8.Christo uses the allowance method of accounting for bad and doubtful debts. When he received notice that Account Receivable 3459, who owed him $10,000, was in liquidation he decided to writeoff the debt as bad. What is the general journal entry to record the write off?Ignore GST.
9.After writing off bad debts of $1,400 the allowance for doubtful debts account balance was $800 credit. What is the correct general journal entry to record an adjustment to bring the allowance for doubtful debts to 10% of accounts receivable of $20,000?
10.Girlpower Co has the following balances in its general ledger.Accounts receivable$57,000Less allowance for doubtful debts3,000$54,000If a debt for $900, previously provided for as doubtful, is written off as bad, the estimated net realisable value of accounts receivable after the write off is $__________
11.Following are the balances for Grocke Ltd at 12 December:
9If an account for $600 is written off on 15 April, the estimated realisable value of accounts receivable after the write-off is $____________Ignore any GST adjustment for the purpose of this question.

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