Check me Required information [The following information applies to the questions displayed below.] At December 31, Hawke Company reports the following results for its calendar year. 3 Cash sales Credit sales $1,895,130 $3.769.000 In addition, its unadjusted trial balance includes the following items, Accounts receivable Allowance for doubtful accounts $1,142,007 debit $ 26,270 debit Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption a. Bad debts are estimated to be 3% of credit sales b. Bad debts are estimated to be 2% of total sales. c. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Adjusting entries (all dated December 31). (Do not round Intermediate calculations.) Required information wymy TRUCULULUUTTUU Adjusting entries (all dated December 31). (Do not round intermediate calculations.) View transaction list View journal entry worksheet No Transaction Debit Credit 1 a General Journal Bad debts expense Allowance for doubtful accounts 2 b Bad debts expense Allowance for doubtful accounts 3 Bad debts expense Allowance for doubtful accounts Cash sales Credit sales $1,895,130 $3,769,eee In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $1,142,697 debit $ 26,270 debit 2 Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet given the facts in part 1 Current assets Accounts receivable Less: Allowance for doubtful accounts $ 0 Chi Cash sales Credit sales $1,895,130 $3,769,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $1,142,007 debit $ 26,270 debit 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 Accounts receivable Less Allowance for doubtful accounts $ 0