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Problem 7-2A (Algo) Estimating and reporting bad debts LO P2, P3 [The following information applies to the questions displayed below.] At December 31, Hawke Company
Problem 7-2A (Algo) 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. CashsalesCreditsales$760,000$1,900,000 In addition, its unadjusted trial balance includes the following items. blem 7-2A (Algo) Part 3 aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Show how Accounts Receivable and the vance for Doubtful Accounts appear on its December 31 balance sheet
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