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Required information Skip to question [The following information applies to the questions displayed below.] At December 31, Hawke Company reports the following results for its

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[The following information applies to the questions displayed below.] At December 31, Hawke Company reports the following results for its calendar year.

Cash sales $ 280,000
Credit sales $ 700,000

In addition, its unadjusted trial balance includes the following items.

Accounts receivable $ 630,000 debit
Allowance for doubtful accounts $ 5,000 debit

3. An aging analysis estimates that 4% of year-end accounts receivable are uncollectible. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet.

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