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 Total $635,000 $409,000 1 to 30 $103,000 31 to 60 61 to 90 $49,000 $31,000 Over 90 $43,000 Percent uncollectible 28 38 6 8 114 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 $4,900 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 $1,400 debit. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Not due: 1 to 30: 31 to 60: 61 to 90: Over 90: Accounts Receivable x x x x x Percent Uncollectible (%) Estimated balance of allowance for uncollectibles = $ Req A Req B and 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 $4,900 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 $1,400 debit. View transaction list Journal entry worksheet < 1 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $4,900 credit balance. Note: Enter debits before credits. Date Dec 31 General Journal Debit Credit Show less A Journal entry worksheet > 1 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $1,400 debit balance. Note: Enter debits before credits. Date Dec 31 General Journal Debit Credit