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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) Daley Company prepared the following aging

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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) Daley Company prepared the following aging of receivables analysis at December 31 Days Past Due Accounts receivable Percent uncollectible Total $630,000 $408,000 1% 1 to 30 $102,000 2% 31 to 60 $48,000 5% 61 to 90 $30,000 7% Over 90 $42,000 10% Exercise 9-8 Aging of receivables method LO P3 Exercise 9-8 Aging of receivables method LO P3 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 $4,800 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 $1,300 debit Complete this question by entering your answers in the tabs below. Reg A Red 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 14 Not due 1 to 30 XX 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 Account receivable. 1 Accounts Percent Receivable Uncollectible (%) Not due 1 to 30 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles X 111 HUA Req Band C > Required information Req A Req B and 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 $4,800 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 $1,300 debit. Show less View transaction list Journal entry worksheet 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $4,800 credit balance Note: Enter debits before credit General Joumal Debit Credit Date Dec 31

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