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Required information [The following information applies to the questions displayed below.] Daley Company prepared the following aging of recelvables analysis at December 31. Complete the

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Required information [The following information applies to the questions displayed below.] Daley Company prepared the following aging of recelvables analysis at December 31. Complete the table below 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 $3,600 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 $100 debit. Complete the table below to calculate the estimated balance of Allowance for Doubtful Acco receivable. Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $3,600 credit balance. Note: Enter debits before credits

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