Required information

Hoe sowowwng information apples to the questions dispayed below

A December 2017 Hawke Company reports the folowing results to its alendar year

In addition, its unadlusted trial balance includes the folowing items

Prepare the adus ng entry for ms company to recognize bad debts under each arthe olowing independert assumptions.

to be 1.50 of credit sales.

a. Bad debts are

b, Bad debts estimated to be 1% of totalsakes

c. An aging analysis estimates that 5% of yea accounts receivable are uncollegtible.

Required information (The following information applies to the questions displayed below. At December 31. 2017 Hawke Company reports the following results for its calendar year Cash sales Credit sales $1,9e5,000 5, 682,00e In addition, its unadjusted trial balance includes the following items Accounts receivable Allowance for doubtful accounts $ 1,270,109 debit 16,580 debit Required: 1. Prepare the adjusting entry for this company to recognize bad debts under each of the following independent as a. b. c. Bad debts are estimated to be 1.5% of credit sales. Bad debts are estimated to be 1% of total sales. An aging analysis estimates that 5% of year-end accounts receivable are uncollectible Adjusting entries (all dated December 31. 201/2