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ps%253A%252F%252Fnewconn Qu es el cdigo... abe Maps Translate Claro Prepago Claro Prepago Fy factoriza(4x-20)/( nacion Saved 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 Accounts receivable Percent uncollectible Total $605,000 $403,000 0 1 to 30 $97,000 31 to 60 $43,000 61 to 90 $25,000 Over 90 $37,000 28 31 68 84 119 a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of total accounts 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 unadjuste 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 unadjusted 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 receivabl estimate uncollectibles, instead of the aging of receivables method. Estimated balance of allowance for uncollectibles C $ A ST D < Prev 4 of 4 Next > Manstockanto 5 G Search or type URL 6 & 7 * 4

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