Daley Company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of receivables analysis.

				Days Past Due
	Total			0			1 to 30				31 to 60				61 to 90				Over 90
Accounts receivable	$	575,000		$	397,000			$	91,000			$	37,000			$	19,000			$	31,000
Percent uncollectible					2	%			3	%			6	%			8	%			11	%

a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable 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 $3,700 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 $200 debit.

Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $3,700 credit balance.

Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $200 debit balance.

Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable method. Accounts Percent Receivable Uncollectible (%) Not due 1 to 30 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles Date General Journal Debit Credit Dec 31 Date General Journal Debit Credit Dec 31