Current Attempt in Progress At the beginning of the current period, Marigold Corp. had...
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Accounting
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At the beginning of the current period, Marigold Corp. had balances in Accounts Receivable of $ and in Allowance for Doubtful Accounts of $credit During the period, it had net credit sales of $ and collections of $ It wrote off as uncollectible accounts receivable of $ However, a $ account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $ at the end of the period. Omit cost of goods sold entries.
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Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts.
Ending balance in Accounts Receivable
Ending balance in Allowance for Doubtful Accounts
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