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Question 49 Larkspur, Inc. has been in business for several years. At the end of the current year, the ledger shows Accounts Receivable Sales Revenue
Question 49 Larkspur, Inc. has been in business for several years. At the end of the current year, the ledger shows Accounts Receivable Sales Revenue Allowance for Doubeful Accounts S313,200 Dr. 2,642,600 Cr 5,600 Cr Bad debts are esti ated to be 9% of accounts recevable Prepare the entry to ad ust Allowance for Doub ul Accounts. (Credit account titles are automatica y indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit To record estimate of uncollectible accounts) Click if you would like to Show Work for this question: Qeen Show Work
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