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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 3e Accounts receivable 31 to 60 61 to 9 $620,000 $406,000 $100,000 $46,000 $28,000 Percent uncollectible 24 35 65 85 Over 90 $40,888 115 a. 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 $4,600 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from porta. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1100 debit. Complete this question by entering your answers in the tabs below. Reg A Req Band 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 Reg Band > Required information Reg 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 $4,600 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 $1,100 debit Show less View transaction list Journal entry worksheet 1 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $4,600 credit balance. Note: Enter debits before credits General Journal Debit Credit Date Dec 31 Required information 1 of 2 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 $4,600 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 $1,100 debit. Show less View transaction list Book Journal entry worksheet

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