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 Credit sales $1,782,010 $3,380,000 In addition, its unadjusted trial balance includes the following items Accounts receivable Allowance for doubtful accounts $1,025,958 debit $ 22.000 debit Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption 3. Bad debts are estimated to be 39 of credit sales b. Bad debts are estimated to be 29 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) Verw trentonit Journal entry workshoot 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 list Journal entry worksheet Bad debts are estimated to be 3% of credit sales. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal