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At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $1,436,580 $2,841,000 In addition, its unadjusted trial balance
At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $1,436,580 $2,841,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable $860,823 debit Allowance for doubtful accounts $ 21,890 debit No Transaction 1 Bad debts expense General Journal Debit Credit 85,230 Allowance for doubtful accounts 85,230 2 b. Bad debts expense Allowance for doubtful accounts 85,552 85,552 3 Bad debts expense 73,539 Allowance for doubtful accounts 73.539 2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet given the facts in part 1a. Current assets: $ 0 3. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet given the facts in part 1c. (Do not round intermediate calculations.) Current assets: S
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