1. On December 31, prior to adjustment, Allowance for Doubtful Accounts has a credit balance of $200. An age analysis of the accounts receivable produces an estimate of $1,000 of probable losses from uncollectible accounts. The adjusting entry needed to record the estimated losses from collectible accounts is.

2. When the allowance method of recognizing losses from uncollectible accounts is used, the entry to record the write-off off a specific account consists of.

3. When a firm uses the allowance method to provide for loses, the collecting of an account previously written off as uncollectible requires an entry.

4. The adjusting entry to record interest on a note receivable requires.

5. How much interest will accrue on a $20,000 face value, 60-day note that bears interest at 9 percent a year (based on a 360 day year)