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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 Exercise 9-9 Percent of receivables method LO P3 a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 6% of total accoung receival estimate uncollectibles, instead of the aging of receivables method. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balanc Allowance for Doubtful Accounts is a $12,600 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance Allowance for Doubtful Accounts is a $1,600debit. Complete this question by entering your answers in the tabs below. a. Estimate the balance of the Allowance for Doubtful Accounts assuming the estimate uncollectibles, instead of the aging of receivables method. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate Allowance for Doubtful Accounts is a $12,600 credit c. Prepare the adjusting entry to record bad debts expense using the estimate f Allowance for Doubtful Accounts is a $1,600 debit. Complete this question by entering your answers in the tabs below. Estimate the balance of the Allowance for Doubtful Accounts assuming the company estimate uncollectibles, instead of the aging of receivables method. Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $12,600 credit balance. Note: Enter debits before credits. Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $1,600 debit balance. Note: Enter debits before credits

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