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Current Attempt in Progress Assume the following information for Larkspur Corp. Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections
Current Attempt in Progress Assume the following information for Larkspur Corp. Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs of accounts receivable Collections of accounts previously written off (a) $139,000 11,480 Account Titles and Explanation 950,000 915,000 5,500 Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable. 2,200 Prepare the entries to record sales and collections during the period. (List all debit entries before credit entries are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No titles and enter O for the amounts.) Debit Credit
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