On December 31, Hawke Company reports the following results for its calendar year.

Cash Sales = $1,905,000

Credit Sales = $5,682,000

In addition, its unadjusted (beginning) trial balance includes the following items.

Accounts receivable = $1,270,100 debit

Allowance for doubtful accounts = $16,580 debit

Answer questions 1-4 using this information. For financial accounting

Question 1

What is the bad debts expense amount if bad debts are estimated to be 1.5% of credit sales?

Question 2

What is the ending balance in Allowance for doubtful accounts if bad debts are estimated to be 1.5% of credit sales?

Question 3

What is the net Accounts Receivable showing on the Balance Sheet on December 31?

Question 4

What is the bad debts expense amount if bad debts are estimated to be 1% of total sales?