At December 31 , Hawke Company reports the following results for its calendar year. Cash sales Credit sales $1,905,600$5,682,609 In addition, its unadjusted trial balance includes the following items Acceunts receivabie Allowance for doubtful acceunts 5. 1,270,100 cebft s. 16, seo debit Problems 7-2A (Static) Part 1 Required: 1. Prepare the adjusting entry to record bed debts under each separate assumption. a. Bad debts are estimated to be 1.5% of credit sales. b. Bad debts are estimased to be 15 of tonal sales c. An aging analysis estimates that 5% of yoar-end accounts receivable are uncollecuble Adjusting entries (all dated December 31) Journal entry worksheet An aging analysis estimates that 5% of year-end acceunts receivable are uncollectible