Exercise 7-? Aging of receivables method LO P3 Daley Company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of receivables analysis. Dogs Past. Due Total ll 1 to 3|} 31 to El} 61 to Hit Over 9|} Accounts receivable ssznmnn salesman summon $45,0nu 523.0% $40,000 Percent uooolleotible 2% 3% 6% 3% 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 $4,600 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 $1,100 debit. Complete thls question by enterlng your answers In the tabs below. Rage RquandC Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of acct receivable method. 31 to EU: 61 to 90: Over 90: Estimated balance of allowance for unoolleclibles Reg E and C. >