Question
At December 31, 2017, Hawke Company reports the following results for its calendar year. Cash sales $ 1,498,600 Credit sales 3,827,000 In addition, its unadjusted
At December 31, 2017, Hawke Company reports the following results for its calendar year.
| Cash sales | $ | 1,498,600 | |
| Credit sales | 3,827,000 | ||
In addition, its unadjusted trial balance includes the following items.
| Accounts receivable | $ | 1,159,581 | debit |
| Allowance for doubtful accounts | 13,710 | debit | |
3. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2017, balance sheet given the facts in part 1c
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Managerial Accounting
Authors: McGraw Hill Education
14th Edition
1121182518, 978-1121182516
