Question: plz help At year end, Blossom Inc. started the process to review its $2800000 of accounts receivable to estimate what amount outstanding could potentially be

plz help
plz help At year end, Blossom Inc. started the process to review

At year end, Blossom Inc. started the process to review its $2800000 of accounts receivable to estimate what amount outstanding could potentially be returned by the customer. There was a recent memo from the production manager that stated a process error was found in one of the assembly lines, potentially causing a defect in the output. As a result, a significant amount of product is expected to be returned. Assuming a 12% estimated return rate, what would be the entry to journalize this under IFRS

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