During its first year of operations, Larkspur, Inc. had credit sales of $3,780,000, of which $412,900 remained uncollected at year- end. The credit manager estimates that $17,800 of these receivables will become uncollectible. (a) Your answer is correct. Prepare the journal entry to record the estimated uncollectibles. Assume an unadjusted balance of zero in Allowance for Doubtful Accounts.) (Credit account titles are automatically indented when amount is entered. Do not Indent manually) Account Titles and Explanation Credit Blad Debt Expert 17800 Debit Allowance for Doubtful Accounts 17800 (b) Prepare the current assets section of the balance sheet for Larkspur, Inc., assuming that in addition to the receivables it has cash of $84,500, merchandise inventory of $163,100, and supplies of $12,300. (List Current Assets in order of liquidity) LARKSPUR, INC. Balance Sheet (partial) $ e Textbook and Media