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thank6you Required information The following information applies to the questions displayed below. Daley Company prepared the following aging of receivables analysis at December 31 Des
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Required information The following information applies to the questions displayed below. Daley Company prepared the following aging of receivables analysis at December 31 Des PhD Accontecerable Peces collectable Total 5645,000 1 to 10 $105.000 2% $ 411 000 19 31 to 60 5 51,000 59 63190 $30,000 O $45.000 10% o. Complete the below table to calculate the estimated balance of Allowance for Doubt Accounts using aging of accounts receivable b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part & Assume the unadjusted balance in the Allowance for Doubtful Accounts a $5,100 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 $1,600 debit Complete this question by entering your answers in the tabs below. Reg Red Band Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Percent Receivable Uncollectible Not due 1 to 30 31 to 60 61 to 90 x Over 90 Estimated balance of allowance for uncollectibles RA Roq BandC> Prex 67 of 12 : Next > here torch C 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 $5,100 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 $1,600 debit. Show less View transaction list Journal entry worksheet 1 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $5,100 credit balance. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal ( ReqA RE Step by Step Solution
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