Required information The following information applies to the questions displayed below) At December 31, Hawke Company reports the following results for its calendar year art of Cash sales Credit sales $1,518,130 53.567.000 8 01:50:58 In addition, its unadjusted trial balance includes the following items, Accounts receivable Allowance for doubtful accounts $1,000,01 debit $ 14,450 debit Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption a. Bad debts are estimated to be 3% of credit sales. b. Bad debts are estimated to be 2% of total sales. c. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible, Adjusting entries (all dated December 31. (Do not round intermediate calculations.) View transaction et