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 1 to 30 $101,000 Total 5625,000 31 to 60 61 to 90 $47,000 $29,000 Over 90 $41,000 120 $407,000 Accounts receivable Percent uncollectible Exercise 7-8 Aging of receivables method LO P3 rences 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 $4.700 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 $1.200 debit Complete this question by entering your answers in the tabs below. Reg B and C RegA of 13 Next > Required information ReqA 29 B and C Reg 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: Over 90 Estimated balance of allowance for uncollec Print Ternos Band > ReqA Reg 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 $4,700 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 $1,200 debit. View transaction list 1 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $4,700 credit balance. 2 Record estimated bad debts assuming that allowance for Doubtful Accounts has a $1,200 debit balance