Required information [The following information applies to the questions displayed below.] Daley Company prepared the following aging of receivables analysis at December 31. Total 0 Accounts receivable Percent uncollectible $ 580,000 $ 398,000 1 to 30 $ 92,000 Days Past Due 31 to 60 $ 38,000 61 to 90 $ 20,000 Over 90 $ 32,000 3% 4% 7% 9% 12% 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 $3,800 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 $300 debit. Answer is not complete. Complete this question by entering your answers in the tabs below. Answer is not complete. Complete this question by entering your answers in the tabs below. 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 X Percent Uncollectible = Estimated Uncollectible (%) Not due: $ 398,000 3% = $ 11,940 1 to 30: 92,000 4% = 3,680 31 to 60: 38,000 7% = 61 to 90: 20,000 X 9% = II II 2,660 Over 90: 32,000 12% || 1,800 3,840 Estimated balance of allowance for uncollectibles 23,920 Req A Req B and C > Answer is not complete. Complete this question by entering your answers in the tabs below. Req A Req B and C 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 $3,800 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 $300 debit. No Date General Journal 1 December 31 Bad debts expense Allowance for doubtful accounts 2 December 31 Bad debts expense Allowance for doubtful accounts Rea A Reg B and C Debit Credit 20,120 20,120 21,220 21,220 Show less