Required information [The following information applies to the questions displayed below.] Daley Company prepared the following aging of receivables analysis at December 31. Total Accounts receivable Percent uncollectible $ 645,000 0 $ 411,000 1 to 30 $ 105,000 Days Past Due 31 to 60 $ 51,000 61 to 90 $ 33,000 Over 90 $ 45,000 1% 2% 5% 7% 10% 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 $5,100 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 $1,600 debit. Req A Req B and C Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Receivable Percent Uncollectible (%) Estimated Uncollectible Not due: X 1 to 30: X 31 to 60: X = 61 to 90: Over 90: X X = 11 Estimated balance of allowance for uncollectibles Reg A Req B and C > Journal entry worksheet < 1 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $5,100 credit balance. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journal > Journal entry worksheet < 1 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $1,600 debit balance. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journal