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In the balance sheet at the end of its first year of operations. Dinty Inc. reported an allowance for uncollectible accounts of $83,900. During the
In the balance sheet at the end of its first year of operations. Dinty Inc. reported an allowance for uncollectible accounts of $83,900. During the year, Dinty wrote off $30,100 of accounts receivable it had attempted to collect and failed Credit sales for the year were $2.230,000, and cash collections from credit customers totaled $1750,000 What bad debt expense would Dinty report in its first-year income statement? Multiple Choice $83.900 $53,800 $114.000 Can't be determined from the giver Information The balance in accounts receivable at the beginning of 2021 was S650. During 2021. $2,300 of credit sales were recorded. If the ending balance in accounts receivable was $90 and $100 in accounts receivable were written off during the year, the amount of cash collected from customers during 2021 was: Multiple Choice O $2.770 O 52.300 $2.870 52.960
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