4 Daley Company prepared the following aging of receivables analysis at December 31 my Part 2 of 2 3650, Accounts receivable Percent collectible 5412.000 1 to $100,000 sa totoo De $52.000 534,000 146,00 115 018 points 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 $13,600 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 $2,600 debit References Complete this question by entering your answers in the tabs below. ROGA Red Band Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of total accounts receivable to estimate uncollectibles, lastead of the aging of receivables method. Estimated balance of allowance for un collectibles Rog and C> 4 Daley Company prepared the following aging of receivables analyses at December 31 Part 2 of 2 Dyant I to 30 to toto 5 106,000 $52,00 5:14,000 Total $650,000 Accounts recevable Vercent uncollectie 1412.000 21 Over $46,00 11% 018 points + ellow 6. 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 $13,600 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 $2,600 debit References Complete this question by entering your answers in the tabs below. Red A Req B and C Prepare the adjusting entry to record Bad Debts Expense using the estimate from parta, Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $13,600 credit. 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 $2,600 debit. Show less View transaction list Journal entry worksheet 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $23,000 credit balance. 18 Complete this uestions by entering your answers in the tabs below Roga He Band eo Prepare the adjusting entry to record Bad Debts Expense using the estimate from parta. Assume the unadjusted balance in the Allowance for Doubtful Account is a $13,600 credit Prepare the adjusting entry to record bad debts expense using the estimate from part .. Asume the snadjusted balance in the Allowance for Doubtful Account is a $2.000 debit Beferences View transactions Journal entry worksheet 1 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $2.000 debit balance Notre credito General Jour Debit Dec 31
