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will vote thumbs up! Required information Problem 9-2A (Algo) Estimating and reporting bad debts LO P2, P3 [The following information applies to the questions displayed
will vote thumbs up! Required information Problem 9-2A (Algo) 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 calendar year. In addition, its unadjusted trial balance includes the following items. Problem 9-2A (Algo) Part 2 2. Bad debts are estimated to be 4% of credit sales. Show how Accounts Recelvable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet. Required information Problem 9.2A (Algo) Estimating and reporting bad debts LO P2, P3 [The following information applies to the questions displayed below] At December 31. Hawke Combany reports the following results for its calendar year. In addition, its unadjusted trial balance includes the following items. Problem 9-2A (Algo) Part 3 3. An aging analysis estimates that 4% of year-end accounts recelvable are uncollectible. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet
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