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PLEASE HELP ASAP Required information [The foliowing information applies to the questions displayed below] At December 31, Hawke Company reports the following results for its
PLEASE HELP ASAP Required information [The foliowing information applies to the questions displayed below] At December 31, Hawke Company reports the following results for its calendar year: CanhsalesCreditsales$220,000$550,000 In addition, its unadjusted trial balance includes the following items. Acceants receivable h11owance for dowbtful aceount 595,000 dobit 54,000 debit 2. Bod debts are estimated to be 4% of credit sales. Show how Accounts Recelvable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet. 2. Bad debts are estimated to be 4% of credit sales. Show how Accounts Receivable on its December 31 balance sheet
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