Larkspur Company has been in business several years. At the end of the current year, the unadjusted balances show: Bad debts are estimated to be 7% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Bad debts are estimated to be 7% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary. (Enter negative amounts tusing either a negative sign preceding the number e.s. -45 or parentheses e.g. (45).)