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! Required information Problem 7-2A Estimating and reporting bad debts LO P2, P3 [The following information applies to the questions displayed below.] At December

! Required information Problem 7-2A 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. Cash sales Credit sales $1,431,000 $3,395,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable $1,028,685 debit Allowance for doubtful accounts $ 21,580 debit

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