Before year-end adjusting entries, Marigold Corp.'s account balances at December 31, 2020, for accounts receivable and the related allowance for uncollectible accounts were $1540000 and $91500, respectively. An aging of accounts receivable indicated that $123000 of the December 31 receivables are expected to be uncollectible. The accounts receivable amount expected to be collected after adjustment is
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Before year-end adjusting entries, Marigold Corp.'s account balances at December 31, 2020, for accounts receivable and the related ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What would happen if the total fertility rates in developing countries were immediately reduced to 2.0? View Available Hint (s) What would happen if the total fertility rates in developing countries were immediately reduced to 2.
Answers (1)
A friend of yours is graduating college next month. He has had a credit card and student loans for the past few years, but he's never bothered to check his credit report.
Answers (2)
Home Accents currently sells 219 units a month at a price of $46 a unit. If it switches to a net 30 credit policy, monthly sales are expected to increase by 28 units. The monthly interest rate is. 57 percent and the variable cost per unit is $21.
Answers (1)
Which of the following government actions would increase the supply of cars in the United States? a. the establishment of an excise tax on carsb. an end to subsidies to automakersc. the removal of car mileage regulationsd.
Answers (1)
Cullumber Company sold goods with a total selling price of $801,000 during the year. It purchased goods for $381,000 and had beginning inventory of $65,000. A count of its ending inventory determined that goods on hand was $51,000.
Answers (1)
New Questions in Business
A married couple abandoned their principal residence in May. They had purchased the house five years ago for $350,000. The house had a current fair market value of $300,000.
Answers (1)
In order for a driver to graduate from a learner's license to a driver's license, how many hours of driving need to be documented? How many nighttime driving hours are required?
Answers (1)
Iq is generally considered the single best index of how well a person will do in school
Answers (1)
You are planning to hire a full-time electrician who will work 40 hours per week. If you plan on giving this new hire three weeks' vacation as a benefit, how many hours will this new hire work in twelve months?
Answers (2)
Global Communications has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,023.46. The bond has a par value of $1,000 and a yield to maturity of 6.72 percent. How many years is it until this bond matures?
Answers (1)