Select all that apply The two types of adjustments to net income for the indirect method are adjustments for . (Check the two that apply.) Multiple select question. changes in owners' equity accounts during the period that affected cash components of net income that do not affect cash changes in operating assets and liabilities during the period that affected cash and were not in net income changes in liabilities and owners' equity accounts during the period that affected cash

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)