cation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvle.phoenix.edu%2 Onnect Homework [due Day 7] Saved Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Daley Company prepared the following aging of receivables analysis at December 31. Days Past Due 0 Accounts receivable Total $605,000 $403,000 2% 1 to 30 $97,000 3% 31 to 60 61 to 90 $43,000 $25,000 6% 8% Over 90 $37,000 11% Percent uncollectible Exercise 9-9 Percent of receivables method LO P3 a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of total accc 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 unac 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 unad_ 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 Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of total accounts re- estimate uncollectibles, instead of the aging of receivables method. Estimated balance of allowance for uncollectibles TRUONG Req B and C >