Required information [The following information wpplies to the questions displayed below?] Daley Company prepared the following aging of receivables analysis at December 31. a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4.5% of total accounts receivable to estimate uncollectibles, instead of the aging of tecelvables method b. Prepare the adjusting entry to record bad debts expense using the estimate from patt a. Assume the unodjusted balance in the Allowance for Doubttul Accounts is a 512.000 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from pait a Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1,000 debit Complete this question by entering your answers in the tabs below. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4.5% of total accounts recelvable to estimate uncollectibles, instead of the aging of receivables method. b. Prepare the adfusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $12,000 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part \&. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1,000 debit. Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a \$12,000 credit belance. Notei Lner detuts before credits. Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $1,000 debit balance. Note: Enter debits before credits