During its first year of operations, Spring Garden Plan, Inc. had sales of $449,000, all on acoount. Industry experionce suggests that Spring's uncollectibles will amoun to 2% of credit sales. At December 31, 2021, accounts receivable total $54,000. The company uses the allowance method to account for uncollectibles 1. Make Spring's joumal entry for uncoliectible-account expense using the percent-of-salus mothod. 2. Show how Spring should report accounts receivable on its balance sheet at Docernber 31, 2021. 1. Make Spring's journal entry for uncollectible-account expense using the percent-of-sales mothod, (Record debits first, then credits. Exclude explarations from bournal entries.)