At December 31,2021, Blue Spruce Imports reported this information on its balance sheet. ...

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Accounting

At December 31,2021, Blue Spruce Imports reported this information on its balance sheet.
During 2022, the company had the following transactions related to receivables.
Sales on account
$2,942,900
Sales returns and allowances
66,300
Collections of accounts receivable
Write-offs of accounts receivable deemed uncollectible
(a)
Prepare a tabular summary that includes the following accounts: Cash, Accounts Receivable, Allowance for Doubtful Accounts,
Revenue, and Expense. Enter the January 1,2022, balances in Accounts Receivable and Allowance for Doubtful Accounts. (Enter
negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g.(45).)
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