At December $31,$ Hawke Company reports the following results for its calendar year.

Cash sales $,$$$640,000$

Credit sales $,$$$1,600,000$

In addition, its unadjusted trial balance includes the following items.

Accounts receivable

Allowance for doubtful accounts

$$480,000$ debit

$$5,800$ debit

Required:

Prepare the adjusting entry to record bad debts under each separate assumption.

a$.$ Bad debts are estimated to be $2\%$ of credit sales.

b$.$ Bad debts are estimated to be $1\%$ of total sales.

c$.$ An aging analysis estimates that $6\%$ of year$-$end accounts receivable are uncollectible.

Adjusting entries $($all dated December $31).$

Answer is complete but not entirely correct.

$\backslash$table$[[$No$,$Date,General Journal,Debit,Credit,$],[$A$,$December $31,$Bad debts expense,$32,000,,],[,,$Allowance for doubtful accounts,,$32,000,],[,,,,22,400,],[$B$,$December $31,$Bad debts expense,,,$22,400$