I cannot identify how to find the "Less: Allowance for doubtful accounts".

Problem 9-2A Part 1 of 3 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.) Answer is complete and correct. No Transaction General Journal Debit Credit 1 92,310 Bad debts expense Allowance for doubtful accounts 92,310 2 b. 97,548 Bad debts expense Allowance for doubtful accounts 97,548 O O 3 C. 69,880 Bad debts expenso Allowance for doubtful accounts 69,880 Help Save & Exit Sub Check my work Required information Problem 9-2A 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. Cash sales Credit sales $1,800,400 $3,077,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $932,331 debit $ 13,940 debit Problem 9-2A 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 1a. Current assets: k my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate complet Return to questic 5 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $932,331 debit $ 13,940 debit f3 Problem 9-2A Part 2 2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet giver the facts in part 1a. Answer is complete but not entirely correct. Current assets: Accounts receivable Less: Allowance for doubtful accounts $ 932,331 69,880 s 862,451 The You