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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
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 recelvabies analysis at December 31 . Exercise 7-14 (Static) Aging of receivables method LO P3 a. Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts recelvable, 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. Complete this question by entering your answers in the tabs below. Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts recelvable. Required information Use the following information for the Exercises 1415 below, (Static) [The following information applies to the questions dispiayed below]. Dalcy Company prepared the following aging of recelvabies analysits at December 31 Exercise 7.14 (Static) Aging of receivables method LO P3 a. Complete the table below to calculate the estmated balance of Allowance for Doubtful Accounts using aging of accounts recelvable. b. Prepare the odfusting entry to record bad debts expense using the estimate from part al Assume the unadjusted balance in the Allowance for Doubdful Accoants is a $3.600 credil. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unacjusted balance in the Allowance for Doubtful Accounts is a 5900 debit. Complete this question by eatering your answers in the tabs below. b. Prepere the adjuting entry to recoird bad cebts expense uting the estimate from part a. Assume the unadjuated balance in the A. Mrepare tor adjubting entry to recoord bad cests tap 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 Dovbtul Acceunts is a $100 deblt. Journal entry worksheet Hecord estimated bBd debts assuming that Allomance for Doubteful Accoubts has a 53,600 credit balence. Fate Irem Aatedintere outes
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