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NEW QUESTION: 1
Presented below is information related to Omni Inc.:
allowance for doubtful accounts balance: $500 accounts receivable balance: $2000 write off $200 of a receivable that is already included in the allowance for doubtful accounts
How will the financial statements be affected by the write off?
A. Allowance for doubtful accounts will remain the same.
B. Allowance for doubtful accounts will decrease to $300.
C. The net realizable value will decrease to $1300.
Answer: B
Explanation:
Omni Inc. would reduce both its allowance for doubtful accounts and accounts receivable by
$ 200, leaving the same net realizable value.
NEW QUESTION: 2
A. Option A
B. Option B
Answer: B
NEW QUESTION: 3
You are developing an ASP.NET MVC web application that contains the following HTML.
<table id= "customer" ></table>
You also have an ASP.NET Web API application that contains a call for retrieving customers.
You must send and retrieve the data in the most compact format possible.
You need to update the HTML for the customers table to contain data from the Web API application.
Which script segment should you use?
A. Option C
B. Option D
C. Option B
D. Option A
Answer: D
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