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During its first yoar of operations. Winter Getaway, Inc, had sales of 5430,000 , all on account, industry experience suggests that Winher's uncolloctibies wil amount

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During its first yoar of operations. Winter Getaway, Inc, had sales of 5430,000 , all on account, industry experience suggests that Winher's uncolloctibies wil amount to 4% of credit sales At December 31, 2018, accounts feceivable total $49,000. The company uses the allowance method to account for uncollectibler 1. Make Winter's journal entry for uncollechble-account oxpense using the percent-of-sales method 2. Show how Winter should report accounts receivable on its balance sheet at December 31,2018 1. Make Winter's joumal ontry for uncollochble-account expense using the percent-of-sales method (Rocord dobits first, then credits. Exclude explanations from joumal entries.) 2. Show how Winter should report accounts receivable on its balanoe sheet at Docembor 31, 2018. 2. Show how Winter should report accounts receivable on its balance sheet at December 31,2018

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