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Required information 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 $1,589, 170 $3,087,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $935, 361 debit $ 20,940 debit 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.) Required information [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 $1,589, 170 $3,087,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $935,361 debit $ 20,940 debit 2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance in part 1a. Current assets: 0 Required information [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 $1,589, 170 $3,087,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $935, 361 debit $ 20,940 debit 3. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 - in part 1c. (Do not round intermediate calculations.) Current assets