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The (a. b. c.) are the questions for all three parts of this first journal entry worksheet i just couldn't picture the other two due

The (a. b. c.) are the questions for all three parts of this first journal entry worksheet i just couldn't picture the other two due to the three picture limit. Thank you :) image text in transcribed
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! Required information Problem 7-2A Estimating and reporting bad debts LO P2, P3 (The following information applies to the questions displayed below.] At December 31, Hawke Company reports the following results for its cal Cash sales Credit sales $1,673, 120 $3,076,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $932,028 debit $ 13,480 debit ollege Account Balance Homework Chapter 7 - Principles of Finan... apter 7 A Saved Problem 7-2A Part 1 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.) 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

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