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req a req b and c Daley Company prepared the following aging of receivables analysis at December 31 Days Past Due Accounts receivable Percent uncollectible

req a

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Daley Company prepared the following aging of receivables analysis at December 31 Days Past Due Accounts receivable Percent uncollectible Total $585,000 $399,000 1% 1 to 30 $93,000 2% 31 to 60 $39,000 5% 61 to 99 $21,000 7% Over 90 $33,099 10% 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 $3,900 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 $400 debit Complete this question by entering your answers in the tabs below. Reg A Reg B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Receivable Percent Uncollectible (%) Not due 1 to 30 31 to 60 61 to 90 X Over 90 X Estimated balance of allowance for uncollectibles 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 Total $585,000 Accounts receivable Percent uncollectible $399,000 1% 1 to 30 $93,000 2% 31 to 60 $39,999 5% 61 to 99 $21,099 7x Over 99 $33,090 10% 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 $3,900 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 $400 debit. Complete this question by entering your answers in the tabs below. Reg A Reg B and 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 $3,900 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 $400 debit. Show less View transaction list View journal entry worksheet No Date General Journal Debit Credit

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