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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 $

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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 $ 160,000 Cash sales Credit sales $ 400,000 In addition, its unadjusted trial balance includes the following items $216,000 debit Accounts receivable Allowance for doubtful accounts 52,200 debit 2. Bad debts are estimated to be 3% of credit sales. Show.how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet Currents 3

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