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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 1 to 30 31 to 60 61 to 90 Accounts receivable $625,000 $407,000 $101,000 Percent uncollectible $47,000 $29,000 34 4% 7% Over 90 $41,000 12% 99 receivable a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts 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 $4,700 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 $1,200 debit Complete this question by entering your answers in the tabs below. Reg A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Receivable Percent Uncollectible (%) Not due Required information 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 $1.200 debit. Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Recelvable Percent Uncollectible (%) Not due 1 to 30: X 31 to 60: x 61 to 90: Over 90 Estimated balance of allowance for uncollectibles med Regard C > View transaction list Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $4,700 credit balance. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 s Record entry Clear entry View general journal

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