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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 Mccounts receivable

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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 Mccounts receivable Percent collectible total 655.000 413.00 Days Past be to 10 107.000 5 53.000 20 Tu 35.000 67.000 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 $5,300 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 $1800 debit Complete this question by entering your answers in the tabs below. Rega Reg B and Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Percent Estimated Receivable Un collectible Uncollectible Not due to 30 31 to 50 btful Accounts is a $1,800 debit. using the estimate from part a. Assume the Complete this question by entering your answers in the tabs below. Req A Reg B and C Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using agin receivable. Accounts Percent Estimated Receivable Uncollectible (%) Uncollectible Not due: 1 to 30: 31 to 60 51 to 90 Over 90 Estimated balance of allowance for uncollectibles $ 0 ReqB and C Required information Reg A Red Band 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 $5,300 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from part 2. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1,800 debit. View transaction list Journal entry worksheet 2 Record estimated bad debts assuming at Allowance for Doubtful Accounts has a $5,300 credit balance. Note: Enter debits before credits General Journal Debit Credit Date December Reg A Read b. Prepare the adjusting entry to record bad debts expense ting the estimate from parts. Assume the adjusted balance in the Allowance for Doubtful Account is $5,300 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from parta. Astume the uradjusted balance in the Allowance for Doubtful Accounts is a $1,800 debit View transaction ist Journal entry worksheet 5 2 Record estimated bad debts ensuring that allowance for Doubtful Accounts has a $1,800 debit bulance Nutere det betere credits General Journal Credit Date December 31

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