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At December 31, 2012, Hawke Company results for its Calendar year. reports the following Cash sales ($1,905,000 (Credit Sales 55,682,000) In addition, its adjusted trial

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At December 31, 2012, Hawke Company results for its Calendar year. reports the following Cash sales ($1,905,000 (Credit Sales 55,682,000) In addition, its adjusted trial balance includes the following: | Accounts Receivable Allowance for doubtrul $1,270, 160 $16,580 Debit) Debit acets. A) Prepare adjusting entry for this company to recognize bad debts under each of the following independent assumptions. lose Adjusting entries All dated December 31, 2017) a.) Bad Pebts are estimated to be FORSIDADOS 1.5% of credit sales DOSSIPS b.) Bad Debts are estimated to be 1% of total sales. of year-end c.) An aging analysis estimates that 5% accounts receivable are uncollectable Transaction a.) General Journal Debit Credit b.) Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2012, balance sheet given the facts from part (1-A) Current Assets 3.) Show for 2017 part how Accounts Receivable Doubtful Accounts appear balance sheet given (1-1) and on the the Allowance its December 31, facts from Current Assets O

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