Warner Company's year-end unadjusted trial balance shows accounts receivable of $104,000, allowance for doubtful accounts of $650 (credit), and sales of $330,000. Uncollectibles are estimated to be 1% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles. View transaction list Journal entry worksheet Record the estimate of uncollectibles. Note: Enter debits before credits. Date General Journal Debit Credit December 31Mazie Supply Company uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $141,000, and it estimates that 5% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: (a) a $2,397 credit balance before the adjustment. (b) a $705 debit balance before the adjustment. View transaction list Journal entry worksheet Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $2,397 credit balance before the adjustment. Note: Enter debits before credits. _-- _-- Mazie Supply Company uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $141,000, and it estimates that 5% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: (a) a $2,397 credit balance before the adjustment. (b) a $705 debit balance before the adjustment. View transaction list Journal entry worksheet Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $705 debit balance before the adjustment. Note: Enter debits before credits. (b) Req uired information [The following information applies to the questions displayed below] Daley Company prepared the following aging of receivables analysis at December 31. Days Past Due Total 0 1 to 30 31 to 60 61 to 90 Over 90 Accounts receivable $ 605,000 $ 403,000 $ 97,000 $ 43,000 $ 25,000 $ 37,000 Percent uncollectible 2% 3% 6% 8% 11% 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 6. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $4,300 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 $800 debit. Complete this question by entering your answers in the tabs below. Req A Req B and C Required information Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Percent Estimated Receivable X Uncollectible (%) Uncollectible Not due: X = 1 to 30: X S 31 to 60: X 61 to 90: X Over 90: X Estimated balance of allowance for uncollectibles Req Band 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 $4,300 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 $800 debit. Show IessA View transaction list Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $4,300 credit balance. Note: Enter debits before credits. 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 $800 debit. View transaction list Journal entry worksheet Required information Show IGSSA Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $4,300 credit balance. Note: Enter debits before credits. c. Prepare the adjusting entry to record bad debts expense using the estimate trom part a. Assume the unadjusted balance In the Allowance for Doubtful Accounts is a $800 debit. View transaction list Show IeSSA Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $800 debit balance. Note: Enter debits before credits. Required information [7' he following information applies to the questions displayed below] Daley Company prepared the following aging of receivables analysis at December 31. Days Past Due Total 0 1 to 30 31 to 60 61 to 90 Over 90 Accounts receivable $ 605,000 $ 403,000 $ 97,000 $ 43,000 $ 25,000 $ 37,000 Percent uncollectible 2% 3% 6% 8% 11% 3. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% 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 $12,700 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 $1,700 debit. Complete this question by entering your answers in the tabs below. Req A Req B and C Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4% of total accounts receivable to estimate uncollectibles, instead of the aging of receivables method. I Fetimatnd halanr'p, nf allnwannn fnr Iinnnllnntihln: I I I ncq r1 E ncq u ullu k. E 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 $12,700 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 $1,700 debit. Show IessA View transaction list Journal entry worksheet