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4 Part 3 of 3 3.57 points eBook Required Information [The following Information applies to the questions displayed below.] At December 31, Hawke Company reports
4 Part 3 of 3 3.57 points eBook Required Information [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 $ 480,000 $ 1,200,000 In addition, its unadjusted trial balance Includes the following items. Accounts receivable Allowance for doubtful accounts $ 648,000 debit $ 6,500 debit Print 3. An aging analysis estimates that 5% of year-end accounts receivable are uncollectible. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet. References Current assets: $ 0
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