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Daley Company prepared the following aging of receivables analysis at December 31. Exercise 9-9 Percent of receivables method LOP3 a. Estimate the balance of the

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Daley Company prepared the following aging of receivables analysis at December 31. Exercise 9-9 Percent of receivables method LOP3 a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 6% of total accounts receivable to estimate uncollectibles, instead of the aging of recelvables 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 $13,500 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 $2,500 debit. Complete this question by entering your answers in the tabs below. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 6% of total accounts receivabie to estimate uncollectibles, instead of the aging of receivables method. 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 $13,500 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 $2,500 debit: Show less Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $13,500 credit balance. Note: Enter debits before creats: 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 $13,500 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 $2,500 debit. Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $2,500 debit balance. Notei Erier debiss before credits

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