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Current Attempt in Progress At the end of 2016, Marigold Corp. has accounts receivable of $718,400 and an allowance for doubtful accounts of $22,800. On

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Current Attempt in Progress At the end of 2016, Marigold Corp. has accounts receivable of $718,400 and an allowance for doubtful accounts of $22,800. On January 24, 2017. it is learned that the company's receivable from Madonna Inc is not collectible and therefore management authorizes a write-off of $4,359. Use a tabular summary to record the write-off. Enter 2016 amounts as beginning balances (Enter negative amounts using either a negative sign preceding the number eg.-45 or parenthesese.g.(451) Assets Liabilities Allow. For Doubtful Accts Accts. Rec Common Stock $ Beg Bal Jan 24 Adj Bal View Policies Current Attempt in Progress At the end of 2016, Marigold Corp. has accounts receivable of $718,400 and an allowance for doubtful accounts of $22,800 On January 24, 2017, it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,359 Use a tabular sommary to record the write-off. Enter 2016 amounts as beginning balances (Enter negative amounts using either a negative sign preceding the numberes-45 or parentheses es: (451) Liabilities Stockholders' Equity Retained Earnings Common Stock Rev. Exp. $ $ Question 2 of 6 -/15 - eTextbook and Media What is the cash realizable value of the accounts receivable before the write-off and after the write-off? Before Write-off After Write Off Cash realizable value $ $ e Textbook and Media

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