2 Problem 7-2A Estimating and reporting bad debts LO P2, P3 [The following information applies to the questions displayed below.) At December 31, 2018, Hawke Company reports the following results for its calendar year. of 3 Cash sales Credit sales $1,659, 660 3,002,000 In addition, its unadjusted trial balance includes the following items. ook int Accounts receivable Allowance for doubtful accounts $909, 606 debit 23, 140 debit rences Problem 7-2A Part 2 2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2018, balance sheet assuming that bad debts are estimated to be 4% of credit sales. Current assets: C 2 3 of 3 !!! Next >