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Business, 16.07.2021 01:10 gaby4567

In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of $82,600. During the year, Dinty wrote off $30,400 of accounts receivable it had attempted to collect and failed. Credit sales for the year were $2,310,000, and cash collections from credit customers totaled $1,920,000. What bad debt expense would Dinty report in its first-year income statement

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