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Required information

Use the following information for the Exercises $14-15$ below. $($Static$)$

$[$The following information applies to the questions displayed below.$]$

Daley Company prepared the following aging of receivables analysis at December $31.$

Exercise $7-14($Static$)$ Aging of receivables method LO P$3$

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 $$3,600$ 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 $$100$ debit.