Required information [The following information applies to the questions displayed below] At December 31, Hawke Company reports the following results for its calendar year: In addition, its unadjusted trial balance includes the following items Accounts receivable Allowance for doubtful accounts 5756, eae debit 57,60e 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 5% of year-end accounts receivable are uncollectible. Adjusting entries (all dated December 31). Journal entry worksheet Bad debts are estimated to be 3% of credit sales. Note: Enter debits before credits. Journal entry worksheet Bad debts are estimated to be 2% of total sales. Note: Enter debits before credits. Journal entry worksheet An aging analysis estimates that 5% of year-end accounts receivable are uncollectible. Note: Enter debits before credits