Question: 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

 Problem 9.2A (Algo) Estimating and reporting bad debts LO P2, P3

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. CashwalesCreditsales$320,000$300,000 In addition, its unadjusted trial balance includes the following items. Problem 9-2A (Algo) Part 3 3. An oging antatysis estimates that 5% of year-end accounts receivable are uncollectible Show how Accounts Recelvable and the Aliowance for Doubtful Accounts oppear on its December 31 balance sheet

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