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saved Exit Daley Company prepared the following aging of receivables analysis at December 31 4. Days Past Due Accounts receivable Percent uncollectible Total 5645,000 $411,000

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saved Exit Daley Company prepared the following aging of receivables analysis at December 31 4. Days Past Due Accounts receivable Percent uncollectible Total 5645,000 $411,000 1 to 30 $105,000 31 to $51,00 5 61 to 90 333.000 7% Over 90 $45.000 101 16 Part 2 of 2 20 mont a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 6% of total accounts receivable to 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 balance in the Allowance for Doubtful Accounts is a $13.500 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from parte. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $2.500 debit Complete this question by entering your answers in the tabs below. Reg A Rea B and Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 6% of total accounts receivable to estimate uncollectibles, instead of the aging of receivables method

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