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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. $ 240,000 Credit sales 5600,000 In addition, its unadjusted trial balance includes the following items Accounts receivable $ 324,000 debit Allowance for doubtful accounts $3,200 debit Cash sales 2. Bod 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 Current assets $ 0

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