21 Required information [The following information applies to the questions displayed below.] Daley Company prepared the following aging of receivables analysis at December 31. 8 00:29:47 Days Past Due Skipped Total $650,000 Accounts receivable Percent uncollectible 0 $412,000 2% 1 to 30 $106,000 3% 31 to 60 $52,000 6% 61 to 90 $34,000 88 Over 90 $ 46,000 118 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 $5,200 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 Req B and C Required information 21 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 $5,200 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. 8 00:29:10 Complete this question by entering your answers in the tabs below. Skipped Reg A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Receivable Percent Uncollectible (%) Not due: X 1 to 30: 31 to 60: X 61 to 90: Over 90 Estimated balance of allowance for uncollectibles = $ 0 o Required information view transactOTTISI 21 Journal entry worksheet 00:28:42 Skipped Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $5,200 credit balance. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal