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Nature of Uncollectibie Accounts The XYZ Corporation owns and operates hotels and casinos inchuding the XYZ Corand and the Bellaglo in Las Vegas, Nevada, As

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Nature of Uncollectibie Accounts The XYZ Corporation owns and operates hotels and casinos inchuding the XYZ Corand and the Bellaglo in Las Vegas, Nevada, As of a recent yeac, XY? reported accounts receivable of $629,000 and allowance for doubtril accounte of $81,153. hccounts recelvable of $995,000 and allowance for doubthil accounts of $14,170. Round your answers to one decimal piace. b. Comidutin the percentaye of the allowance for doubtul accounts ta the accounts recelvable for Patient Care: C. posible reasons for the difference in the tho ratios computed is (a) asis (b) include: a. Calino operators historically lose moner on operations. b. Casino operatoes tavelarger accounts recelvable. axcitensent of gambiling

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