{"id":127557,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/in-2017-the-marigold-corp-had-net-credit-sales"},"modified":"2017-08-16T06:21:15","modified_gmt":"2017-08-16T06:21:15","slug":"in-2017-the-marigold-corp-had-net-credit-sales","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/in-2017-the-marigold-corp-had-net-credit-sales\/","title":{"rendered":"In 2017 the Marigold Corp. had net credit sales"},"content":{"rendered":"<div class=\"the_content_wrapper\">\n<p>In 2017 the Marigold Corp. had net credit sales<br \/> In 2017 the Marigold Corp. had net credit sales of $820000. On January 1, 2017, the Allowance for Doubtful Accounts had a credit balance of $21100. During 2017, $32200 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 10% of the balance in receivables (percentage-of-receivables basis). If the accounts receivable balance at December 31 was $222000 what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2017?<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In 2017 the Marigold Corp. had net credit sales In 2017 the Marigold Corp. had net credit sales of $820000. On January 1, 2017, the Allowance for Doubtful Accounts had a credit balance of $21100. During 2017, $32200 of uncollectible <a href=\"https:\/\/www.benedictsol.com\/blogs\/in-2017-the-marigold-corp-had-net-credit-sales\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-127557","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/127557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=127557"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/127557\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=127557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=127557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=127557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}