What amount should be recorded as Bad Debt Expense for the current year?
Not yet due:
22,000
Estimated Percentage Uncollectible: 3%
Estimated Amount Uncollectible: 660
Up to 120 days past due:
6500
Estimated Percentage Uncollectible: 14%
Estimated Amount Uncollectible:
910
Over 120 days past due:
2800
Estimated Percentage Uncollectible: 34%
Estimated Amount Uncollectible: 952
Estimated Balance in allowance for doubtful accounts: 2522
Current balance in allowance for doubtful accounts: 1200
Bad Debt Expense for the Year: 1322
It’s not a stand-alone program
Answer:
Appendices
Explanation:
Operator's manual have various Chapters in it. Each of them are designated to some particular topic.
As for example the first chapter towards the basic description of vehicle, second towards the operating instructions, as to where and how the vehicle shall run and the basic guidelines, third chapter might contain the details for the use of vehicle in case of any emergencies.
Further at the last or near to last there is appendices which shows the references, all the items basically issued, vehicle sign/ decal information, lubrication etc:
<u>Answer:</u>
<em>An</em><em> appliance manufacturer</em><em> gives a warranty, and 95 percent of its appliances do not require repair before the warranty expires. An </em><em>organization buys</em><em> 10 of these appliances. The interval that contains 95.44 percent of all the appliances that will not require repair is (8.12, 10.88)</em>
<u>Explanation:</u>
Here we can calculate the confidence<em> interval for a proportion </em>of 0.95 and a sample size of 10. Note that the critical value for 95.44% confidence is 1.9991.
Between 81.22% and 108.78% of 10 units is 8.12 and 10.88 units. Therefore the <em>confidence interval is:(8.12, 10.88).</em>
