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Required information [The following information applies to the questions displayed below.] At...

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Accounting

Required information
[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.
Accounts receivable
Allowance for doubtful accounts
$480,000 debit
$5,800 debit
An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Show how Accounts Receivable and the
Allowance for Doubtful Accounts appear on its December 31 balance sheet.
image

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