CALCULATOR FULL SCREEN PRINTER VERSION NEX BACK Question 8 In 2017 Blossom Company had net credit sales of $2210000. On January 1, 2017, Allowance for Doubtful Accounts had a credit balance of $53500. During 2017, $106000 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 10 % of the balance in recelvables (percentage of receivables basis). If the accounts receivable balance at December 31 was $630000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 20177 $106000 $63000 $28000 $115500 SAVE FOR LATER SUBHIT ANSWER Question Attempts: 0 of 1 used