Check my work 1 Problem 7-2A Estimating and reporting bad debts LO P2, P3 {The following information applies to the questions displayed below.) At December 31, Hawke Company reports the following results for its calendar year. Part 10 - Cash sales Credit sales $1,627,420 $3,111,000 1.78 paints 8 03:27:47 In addition, its unadjusted trial balance includes the following items. Skipped Accounts receivable Allowance for doubtful accounts $942, 633 sanit $ 12, 420 de cocok Problem 7-2A Part 1 Print Ratirants Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption. . 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.) View transaction lit Journal entry worksheet > An aging analysis estimates that 6% of year-end accounts receivable are uncollectible