6

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 Total 1 to 30 31 to 60 61 to 90 Accounts receivable $570,000 $396,000 $90,000 $36,000 $18,080 Percent uncollectible Over 90 $30,000 10% 1x 2% 5% 7% 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 inhihe Allowance for Doubtful Accounts is a $100 debit. Complete this question by entering your answers in the tabs below. Req A Reg B and C to search o . oo Problems Saved 0. 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. Complete this question by entering your answers in the tabs below. 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 Parcent uncollectible (%) Not due x X 1 to 30 31 to 60 X 61 to 90 x Over 90 X Estimated balance of allowance for uncollectibles ReqB and C> Te to search O BI credit debit to search O II Required information Journal entry worksheet