n the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of $82,700. During the year, Dinty wrote off $30,600 of accounts receivable it had attempted to collect and failed. Credit sales for the year were $2,220,000, and cash collections from credit customers totaled $1,760,000.What bad debt expense would Dinty report in its first-year income statement
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Ответ:
the bad debt expense reported is $113,300
Explanation:
The computation of the bad debt expense that should be reported in the first year income statement is shown below:
= Allowance for uncollectible accounts + write off account receivable
= $82,700 + $30,600
= $113,300
Hence, the bad debt expense reported is $113,300
Ответ:
the radius of the face would lie between 15.96 mm and 16.93 mm.
explanation
the area of a circle is given by;
area = πr²
where area = 800,
πr² = 800
r² = 800/3.14
=254.777
r = √254.777
= 15.96 mm
when area = 900
πr² = 900
r² = 900/3.14
= 286.624
r = √ 286.624
= 16.93 mm
the radius of the face would lie between 15.96 mm and 16.93 mm.