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Gold Inc. had the following information available before adjusting journal entires Total Sales (60% credit) $1,800,000.00 cr accounts receivable allowance 175,000.00 dr 6,200.00 dr 17Gold

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Gold Inc. had the following information available before adjusting journal entires Total Sales (60% credit) $1,800,000.00 cr accounts receivable allowance 175,000.00 dr 6,200.00 dr 17Gold estimated that 6% of credit sales are uncollectible. What is the year end journal entry? What is the net realizable value before and after the journal entry? 18.If Gold estimated 12% of Accounts Receivable to be uncollectible What is the year end journal entry? What is the net realizable value after the journal entry

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