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Q-6 Ryan Company had the following information in 2014. Accounts receivable 12/31/14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,000 Allowance for uncollectible account 12/31/14 (before adjustment). . . . . . . 700 Credit sales during 2014. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 Cash sales during 2014. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000 Collections from customers on account during 2014. . . . . . . . . . . . . . . . . . 45,000 Uncollectible accounts are determined by the percent-of-sales method to be 4% of credit sales. How much is uncollectible-account expense for 2014? Q-7 Which of the following assets are not included in "cash equivalents" in a typical balance sheet? A.Time deposits B.Certain very low-risk equity securities