Question: Hamlet.com has requested that you prepare a partial balance sheet on December 31, 2018, from the following: Cash, $130,000; Petty Cash, $64; Accounts Receivable, $71,000;

Hamlet.com has requested that you prepare a partial balance sheet on December 31, 2018, from the following: Cash, $130,000; Petty Cash, $64; Accounts Receivable, $71,000; Bad Debts Expense, $50,000; Allowance for Doubtful Accounts, $19,000; Merchandise Inventory, $13,000.

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