Dexter Company applies the direct write-off method in accounting for uncollectible accounts.

March		11		Dexter determines that it cannot collect $8,900 of its accounts receivable from its customer Leer Company.
		29		Leer Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt.

Required information [The following information applies to the questions displayed below.] At December 31, 2017, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $1,203,310 3,037,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $920,211 debit 25,420 debit 2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2017, balance sheet given the facts in part 1a. Current assets