On December 31, 2017, Hawke Company reported the following results for its calendar year: Cash sales of 5,682,000 and credit sales of 0. In addition, its unadjusted trial balance includes the following items: $1,270,100 debit; 16,580 debit. Required under each of the following independent assumptions:

A) Prepare the adjusting entry for this company to recognize the bad debts:

Bad debts are estimated to be 1.5% of credit sales.
Bad debts are estimated to be 1% of total sales.
An aging analysis estimates that 5% of year-end accounts receivable are uncollectible.
B) Show how the Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2017, balance sheet, given the facts in Part A.

C) Check the Bad Debts Expense ($85,230). Show how the Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2017, balance sheet, given the facts in Part A.

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Which of the following results from outsourcing jobs from the united states to other countries? a. increasing exports out the united states. b. lower wages for u.s. workers. c. reduced immigration to the united states. d. subsidies for goods made in the united states. 2b2t

11.     before adding cream to a simmering soup, you need to a. simmer the cream. b. chill the cream. c. strain the cream through cheesecloth. d. allow the cream reach room temperature. student d   incorrect which answer is right?