2 Required information The following information applies to the questions displayed below! Daley Company prepared the following aging of receivables analysis at December 31. of 2 Days Past Due Total $605,000 Accounts receivable Percent uncollectible $403,000 2 1 to 30 597.000 34 31 to 60 61 to 90 $43,000 $25,000 65 89 Over 90 $37.000 119 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 $4,300 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from porta. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $800 debit Complete this question by entering your answers in the tabs below. Reg A Reg B and Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Percent Receivable Uncollectible (%) Not due X 1 to 30 x 31 to 60 61 to 90: Over 90 X Estimated balance of allowance for uncollectibles 0 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 Due Accounts receivable Percent uncollectible Total $605,000 5403,000 24 1 to 30 597,000 34 31 to 60 61 to 90 $43,000 $25,000 64 84 Over 90 $37.000 115 a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of total accounts receivable to estimate uncollectibles, instead of the aging of receivables method. 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 $12,700 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 $1.700 debit. Complete this question by entering your answers in the tabs below. Req A Reg B and Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of total accounts receivable to estimate uncollectibles, instead of the aging of receivables method. Estimated balance of allowance for uncollectibles TA ReqB and C > S 333