Question: Taft Corporation which began business on January 1 2014 appropriately

Taft Corporation, which began business on January 1, 2014, appropriately uses the installment sales method of accounting. The following data are available for December 31, 2014 and 2015:


Required:
The Installment accounts receivable balances at December 31, 2014 and 2015 would be howmuch?
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  • CreatedSeptember 10, 2014
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