1 N 3 Bad debts are estimated to be 3% of credit sales. Note: Enter debits before credits Transaction General Journal Debit Credit a. Bad debts are estimated to be 2% of total sales. Note: Enter debits before credits. Debit General Journal Transaction Credit b. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Note: Enter debits before credits. Transaction General Journal Debit Credit C. [The following information applies to the questions displayed below.] At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $1,952,830 $3,354,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $1,016,262 debit $ 26,070 debit