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larkspur discount wholesale company has a $141800 balance in accounts receivable and a $490 debit balance in allowance for doubtful accounts at year-end just prior

larkspur discount wholesale company has a $141800 balance in accounts receivable and a $490 debit balance in allowance for doubtful accounts at year-end just prior th recording adjusting entries. credit sales for the period totaled $1045000. how much is the amount of the bad debt adjusting entry if larkpur estimates that 3.5% of its receivables will be uncollectible

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