Required information [The following information applies to the questions displayed below.] Part 1 of 3 At December 31, Hawke Company reports the following results for its calendar year. pints Cash sales Credit sales $1,686, 110 $3,284,000 In addition, its unadjusted trial balance includes the following items. eBook Accounts receivable Allowance for doubtful accounts $995,052 debit $ 22,370 debit Print References Required: 1. Prepare the adjusting entry to record bad debts under each separate assumption. a. Bad debts are estimated to be 4% of credit sales. b. Bad debts are estimated to be 3% of total sales. c. An aging analysis estimates that 7% of year-end accounts receivable are uncollectible. Adjusting entries (all dated December 31). (Do not round intermediate calculations.) View transaction list Journal entry worksheet