Required information [The following Information applies to the questions displayed below) Daley Company prepared the following aging of receivables analysis at December 31, Day Accounts receivable Percent uncollectible Yotal $630,000 3400,000 to 3 $102,000 25 31 to 60.61 to 0 Over $40,000 $30,000 $42,000 5 7 10 a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 6% of total accounts receivable to 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 unadjusted balance in the Allowance for Doubtful Accounts is a $13,200 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 $2.200 debit Complete this question by entering your answers in the tabs below. RA Reqs and C Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 6% of total accounts receivable to estimate uncollectibles, instead of the aging of receivables method. Estimated balance of allowance for uncollectibles