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1 of 2 Required information The following information applies to the questions displayed below) Daley Company prepared the following aging of receivables analysis at December

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1 of 2 Required information The following information applies to the questions displayed below) Daley Company prepared the following aging of receivables analysis at December 31. Days Past Oue Total 1 to 30 31 to 60 61 to 90 Accounts receivable $570,000 $390,000 $90,000 $36,000 $18,000 Percent uncollectible 2x 5% 2 Over 90 $30,000 10 eBook ferences a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $3,600 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $100 debit

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