Question: Help Save& Exit Submit 5 Check my work Exercise 7-7 Aging of receivables method LO P3 1.5 points Daley Company estimates uncollectible accounts using the
Help Save& Exit Submit 5 Check my work Exercise 7-7 Aging of receivables method LO P3 1.5 points Daley Company estimates uncollectible accounts using the allowance method at December 31 It prepared the following aging of receivables analysis. eBook Hint Print Total Accounts receivable Percent uncollectible 5645,000 $411,000 $10s,000 $51.000 $33,000 $45.000 20 78 a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable method. Allowance for Doubtful Accounts is a $5,100 credit Allowance for Doubtful Accounts is a $1,600 debit. pare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the ng entry to record bad debts expense using the estimate from part a Assume the unadjusted balance in the Complete this question by entering your answers in the tabs below Req A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts
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