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The Accounts Receivable balance and Allowance for Bad Debts for Spring Garden Plans at December 31, 2015, was $10,800 and $2,000 (credit balance). During 2016,
The Accounts Receivable balance and Allowance for Bad Debts for Spring Garden Plans at December 31, 2015, was $10,800 and $2,000 (credit balance). During 2016, Spring Garden completed the following transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize Spring's transactions for 2016 assuming Spring Garden uses the allowance method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Sales revenue on account, $271,100 (ignore Cost of Goods Sold)
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