Required information [The following information applies to the questions displayed below.] Daley Company prepared the following aging of receivables analysis at December 31. a. 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 $5,500 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. Complete this question by entering your answers in the tabs below. Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Complete this question by entering your answers in the tabs below. 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 $5,500 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 $5,500 credit balance. Note: Enter debits before credits. 1 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $5,500 credit balance. 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $2,000 debit balance