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HO Cash sales Credit sales $1,572,080 $2,837,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $859,611 debit

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HO Cash sales Credit sales $1,572,080 $2,837,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $859,611 debit $ 21,690 debit Problem 7-2A Part 2 2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet given the facts In part 1 Answer is complete but not entirely correct. Current assets Accounts receivable Less Allowance for doubtful accounts $ 859,611 1,550,390 $ (690.779) Credit les 3. In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful account $859,611 debit $ 21, 690 debit Problem 7-2A Part 3 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 $ 0

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