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During its first year of operations, Spring Garden Plans earned net credt sales of $353,000 industry experience suggests that bad debes will amount to 18

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During its first year of operations, Spring Garden Plans earned net credt sales of $353,000 industry experience suggests that bad debes will amount to 18 of net credit sales At December 31. 2024, accounts recelvable total 540,000 . The company uses the allowance method to account for uncollectbles Read the of operations, Spring Garden Plags earned net orede saies of 5363,000 . Inouaty experience supgess hat bad dnbes ceinable total 840.000. The company usen the alowance method to acosunt for uncolectibien. Requirements 1. Joumalue Spring's blad Deta Eigense ising he percert of calen mechod 2. Show how to neport aroourts recelable on fhe halance sheet in Decomber 31, 20124

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