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Required information [The following information applies to the questions displayed below. Daley Company prepared the following aging of receivables analysis at December 31 Days Past

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Required information [The following information applies to the questions displayed below. Daley Company prepared the following aging of receivables analysis at December 31 Days Past Due Total $650,000 $412,000 1 to 30 $106,000 31 to 60 $52,089 61 to 90 $34,000 Over 90 $46,000 Accounts receivable Percent uncollectible 11% o. Complete the below table 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 $5,200 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 $1,700 debit. Complete this question by entering your answers in the tabs below. ReqA Reg B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Percent Receivable Uncollectible (%) Not due 1 to 30 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles . Rega Req Band C > Required information Req A Reg B and 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 $5,200 credit. 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 $1,700 debit. Shov View transaction list Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $5,200 credit balance, Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $5,200 credit balance. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Required information Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $1,700 debit balance. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal

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