Daley Company prepared the following aging of receivables analysis at December 31.

a. Complete the below table to calculate the estimated balance of Allowance for Doubleful Accounts using agiing of accounts receivable.

b. Prepare the adjusting entry to record Bad Debts Expense using the wstimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $5,400 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 $1,900 debit.

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 1 Total 3660,000 0 $414,000 Accounts receivable Percent uncollectible to 3031 to 60 61 to 90 $108,000 $54,000 $36,000 56 Over 90 $48,000 108 71 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 $5,400 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 $1,900 debit. ReqA Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable Accounts Percent Receivable Uncollectible (%) Not due: 1 to 30: 31 to 60: 61 to 90: Over 90: Estimated balance of allowance for uncollectibles Red Band C > Journal entry worksheet ook rences Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $5,400 credit balance. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Journal entry worksheet