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! Required information [The following information applies to the questions displayed below.) At December 31, Hawke Company reports the following results for its calendar year
! Required information [The following information applies to the questions displayed below.) At December 31, Hawke Company reports the following results for its calendar year Cash sales $ 240,000 Credit sales $ 600,000 In addition, its unadjusted trial balance includes the following items Accounts receivable $ 324,499 debit Allowance for doubtful accounts $ 3,200 debit 3. An aging analysis estimates that 5% of year and accounts receivable are uncollectible. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on ins December 31 balance sheet. Current assets
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