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Required information

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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

$$210,000$ debit

Allowance for doubtful accounts

$$2,500$ debit

An aging analysis estimates that $6\%$ of year$-$end accounts receivable are uncollectible. Show how Accounts Receivable and the

Allowance for Doubtful Accounts appear on its December $31$ balance sheet.