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Book Print OT of 3 Required information. [The following information applies to the questions displayed below.) At December 31, Hawke Company reports the following
Book Print OT of 3 Required information. [The following information applies to the questions displayed below.) At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $340,000 $ 850,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $ 765,000 debit $6,100 debit 2. Bad debts are estimated to be 4% of credit sales. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet. Current assets S 0
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