![subject](/tpl/images/cats/ekonomika.png)
At December 31, Hawke Company reports the following results for its calendar year.
Cash sales $1,432,910
Credit sales $3,376,000
In addition, its unadjusted trial balance includes the following items.
Accounts receivable $1,022,928 debit
Allowance for doubtful accounts $11,560 debit
Required:
Prepare the adjusting entry for this company to recognize bad debts
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Answers: 3
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You know the right answer?
At December 31, Hawke Company reports the following results for its calendar year.
Cash sales $1,43...
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