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At the end of 2021, Larkspur Co. has accounts receivable of $882,000 and an allowance for doubtful accounts of $31,500. On January 24, 2022, it

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At the end of 2021, Larkspur Co. has accounts receivable of $882,000 and an allowance for doubtful accounts of $31,500. On January 24, 2022, it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $5,418. (a) F Your answer is partially correct. Use a tabular summary to record the write-off. Enter 2021 amounts as beginning balances. (Enter negative amounts using either a negative sign preceding the number e.g. ?45 or parentheses e.g. (45).)

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