During its first year of operations, Spring Garden Plans earned net credit sales of $317,000. Industry experience suggests that bad debts will amount to 3% of net credit sales. At December 31, 2018, accounts receivable total $42,000. The company uses the allowance method to account for uncollectibles Read the recomenda Requirement 1. doumalize Spring's Bad Debts Expense using the percent-of-sales method. (Record debits first, then credite Select the explanation on the last line of the journal arby table) Accounts and Explanation Debit Credit Requirement 2. Show how to report accounts receivable on the balance sheet at December 31, 2018 Balance Sheet(Partial: Current Choose from any list of enter any number in the incut tieds and then continue to the explanation i Requirements Joumalize Spring's Bad Debts Expense using the percent-of-sales method. 2. Show how to report accounts receivable on the balance sheet at December 31, 2018 on Print Print Done During its first year of operations, Spring Garden Plans earned net credit sales of $317,000. Industry experie receivable total $42,000. The company uses the allowance method to account for uncollectibles. Read the requirements. Requirement 1. Journalize Spring's Bad Debts Expense using the percent-of-sales method. (Record debits Date Accounts and Explanation Debit Dec. Requirement 2. Show how to report accounts receivable on the balance sheet at December 31, 2018 Balance Sheet (Partial): Current Assets: Choose from any list or enter any number in the input fields and then continue to the next