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ACCT 2101 Quiz 4 with correct answers graded A+

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Institution: University Of Georgia
Course: ACCT 2101

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Uploaded on: January 17, 2026
Number of pages: 1
Written in: 2025/2026
Type: Exam (elaborations)
Contains: Questions & answers

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acct 2101 quiz 4 with correct answers graded a

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ACCT 2101 Quiz 4 with correct
answers graded A+

Net Sales - ANS ✔✔= Sales - Sales Returns & Allowances

"Uncollectible Accounts are estimated at %..." - ANS ✔✔Bad Debts Expense & Allowance for UA

Uncollectible Accounts are estimated at % of net sales - ANS ✔✔% x Net Sales

Uncollectible Accounts are estimated at % of AR - ANS ✔✔( % x AR ) + Allowance for UA

Wrote off an account - ANS ✔✔Allow for UA & A/R - Co

Received a check in settlement of account - ANS ✔✔A/R - Co & Allowance for UA ++ Cash & A/R
- Co

NRV - ANS ✔✔AR - Allowance for UA

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ACCT 2101 Quiz 4 with correct answers graded A+

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