Click the below link to access the answerACC 291 Week 5 Final Exam 1 All Correct A+ AnswerACC 291 Week 5 Final Exam 1 All Correct A+ AnswerACC 291 Week 5 Final Exam 1 All Correct A+ Answer ACC 291 Week 5 Final Exam 1 All Correct A+ AnswerACC 291 Week 5 Final Exam 1 All Correct A+ Answer1) Hahn Company uses the percentae o! sales metho" !or recor"in #a" "e#ts expense$ For the year% cash sales are &'((%((( an" cre"it sales are &1%2((%((($ )anaement estimates that 1* is the sales percentae to use$ What a"+ustin entry will Hahn Company make to recor" the #a" "e#ts expense,2) -sin the percentae o! recei.a#les metho" !or recor"in #a" "e#ts expense% estimate" uncollecti#le accounts are &15%((($ /! the #alance o! the Allowance !or 0ou#t!ul Accounts is &'%((( cre"it #e!ore a"+ustment% what is the amount o! #a" "e#ts expense !or that perio",') /ntani#le assets1) /ntani#le assets are the rihts an" pri.ilees that result !rom ownership o! lon2li.e" assets that5) 3he #ook .alue o! an asset is e4ual to the5) 6ains on an exchane o! plant assets that has commercial su#stance are7) 8r"inary repairs are expen"itures to maintain the operatin e!!iciency o! a plant asset an" are re!erre" to as9) Costs incurre" to increase the operatin e!!iciency or use!ul li!e o! a plant asset are re!erre" to as9) When an interest2#earin note matures% the #alance in the :otes ;aya#le account is 1() 3he interest chare" on a &2((%((( note paya#le% at a rate o! 5*% on a 22month note woul" #e 11) /! a corporation issue" &'%(((%((( in #on"s which pay 1(* annual interest% what is theannual net cash cost o! this #orrowin i! the income tax rate is '(*, 12) Hilton Company issue" a !our2year interest2#earin note paya#le !or &'((%((( on