Use the following information for the Exercises 14-15 below. (Algo) [The following information applies to the questions displayed below.) Daley Company prepared the following aging of receivables analysis at December 31, Total $ 630,000 0 $ 408,000 10 Days Past Due 31 to 60 $ 48,000 50 1 to 30 $ 102,000 20 Accounts receivable Percent uncollectible 61 to 90 $ 30,000 78 Over 90 $ 42,000 100 Exercise 7-14 (Algo) Aging of receivables method LO P3 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 in the Allowance for Doubtful Accounts is a $4,800 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 $1,300 debit Complete this question by entering your answers in the tabs below. Req A Reg Band Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Estimated Uncollectible Accounts Percent Recelvable Uncollectible (%) Not due X 1 to 30 X 31 to 60 X 61 to 90 X Over 90: Estimated balance of allowance for uncollectibles Required information 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 $4,800 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 $1,300 debit Complete this question by entering your answers in the tabs below. Req A Reg B and C 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 $4,800 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 $1,300 debit. Show less View transaction list Journal entry worksheet