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[The following information applies to the questions displayed below.) Daley Company prepared the following aging of receivables analysis at December 31. Accounts receivable Percent uncollectible

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[The following information applies to the questions displayed below.) Daley Company prepared the following aging of receivables analysis at December 31. Accounts receivable Percent uncollectible Total $ 580,000 0 $ 398,000 34 Days Past Due 1 to 30 31 to 60 $ 92,000 $ 38,000 49 79 61 to 90 $ 20,000 94 Over 90 $ 32,000 124 a. Complete the table below 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 the Allowance for Doubtful Accounts is a $3,800 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 $300 debit. Complete this question by entering your answers in the tabs below. Reg A Req Band Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Estimated Uncollectible Accounts Percent Recevable Uncollectible (9 No due x 1 to 30 X 31 to 60 X 61 to 90 X Over 90 Estimated balance of allowance for uncollectibles $

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