Required Information [The following information applies to the questions displayed below.) Daley Company prepared the following aging of receivables analysis at December 31 De Dost De Total Ito 20 1. Accounts receivable $ 605,000 $ 403,000 97.000 Percent uncollectible 2N 25.096 SES 31. a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of total accounts recent estimate uncollectibles, instead of the aging of receivables method. b. Prepare the adjusting entry to record bad debts expense using the estimate from panta. Assume the urvaisto balance in the Allowance for Doubtful Accounts is a $12,700 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted bace in the Allowance for Doubtful Accounts is a $1,700 debit. Complete this question by entering your answers in the tabs below. Reg A Reg 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 $12,700 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the uradjusted balance in the Allowance for Doubtful Accounts is a $1,700 debit. View transaction list $493,906 2 10 $97.000 a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of accounts tecido estimate uncollectibles, instead of the aging of receivables method. b. Prepare the adjusting entry to record bad debts expense using the estimate from pan a Assume the una tance in the Allowance for Doubtful Accounts is a $12.700 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from parts. Assume the unadjusted balance in me Allowance for Doubtful Accounts is a $1700 debit. Complete this question by entering your answers in the tabs below. Reg A Reg B and C Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of total accounts recto estimate uncollectibles, instead of the aging of receivables method. Estimated balance of allowance for uncollectibles Reg Band >