Question: Hamlet.com has requested that you prepare a partial balance sheet on December 31, 2012, from the following: Cash, $114,000; Petty Cash, $69; Accounts Receivable, $69,000;

Hamlet.com has requested that you prepare a partial on December 31, 2012, from the following: Cash, $114,000; Petty Cash, $69; Accounts Receivable, $69,000; Bad Debts Expense, $50,000; Allowance for Doubtful Accounts, $11,000; Merchandise Inventory, $16,000.

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