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  3. probuilder has the following june 30, 2016, fiscal

ProBuilder has the following June 30, 2016, fiscal-year-end unadjusted balances: Allowance for Sales Discounts, $0;...

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Accounting

ProBuilder has the following June 30, 2016, fiscal-year-end unadjusted balances: Allowance for Sales Discounts, $0; and Accounts Receivable, $11,500. Of the $11,500 of receivables, $2,750 are within a 2% discount period, meaning that it expects buyers to take $55 in future discounts arising from this periods sales.

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