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Required information [The following information applies to the questions dirplayed below] Daley Compary prepared the following aging of recevables analysis at December 31 a. Estimiate

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Required information [The following information applies to the questions dirplayed below] Daley Compary prepared the following aging of recevables analysis at December 31 a. Estimiate the balance of the Aliowince for Doubtful Accounts assuming the company uses 4% of total accounts receivabie to estimate uncoliectibles, instead of the aging of receivables method b. Prepare the adjusting entry to record bad debts expense using the elomate from part a. Assume the unadjusted balance in the Allowance for Doubthul Accounts is a $13,000 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unedjusted balance in the Allowance for Doubtrul Accounts is a \$2,000 debit Complete this question by entering your answers in the tabs below. b. Prepare the adjurting entry to record bad cebts expense using the estimate from part a. Assume the unadfusted batance in the Alowance for Devabtiul Accounter is a $13,000 credit. c. Prepare the adjusting entry to record bad debes expense using the estimate from part a. Aceume the unadfusted balance in the Allowance for Doubthul Accounts is a $2,000 debit. Shaw lessa Journal entry worksheet Record estimated bad debts assaming that Allawance for boubttul Accounts has a 813,000 credit balance. 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 $13,000 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 $2,000 debit. Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $13,000 credit balance. Note: Enter debits before credits: Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $2,000 debit balance. Note: Enter debits before credits

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