Explain - December 31, 2017, Hawke Company reports the following results for its calendar year. Cash sales$1,905,000Credit
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Explain - December 31, 2017, Hawke Company reports the following results for its calendar year.
Cash sales$1,905,000Credit sales5,682,000
In addition, its unadjusted trial balance includes the following items.
Accounts receivable$1,270,100debitAllowance for doubtful accounts16,580debit
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.
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