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Larkspur Company has been in business several years. At the end of the current yean the unadjusted balances show: Bad debts are estimated to be

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Larkspur Company has been in business several years. At the end of the current yean 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 gumber eg. -45 or parentheses eg. (45).) 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 recvables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary. (Enter negative amounts using elther a negutive sign preceding the number es. -45 or parentheses eg. (45))

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