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Required information [The following information applies to the questions displayed below] Daley Company prepared the following aging of receivables analysis at December 31. 0. 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 $13,000 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Alowance for Doubtful Accounts is a $2,000 debit Complete this question by entering your answers in the tabs below. Estimate the balance of the Allowance for Doubuful Accounts assuming the company uses 4% of total accounts receivable to estimate uncollectibles, instead of the aging of recelvables method. Allowance for Doubtful Accounts is a $13,000 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the Allowance for Doubtful Accounts is a $2,000 debit. Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $13,000 credit balance. Note: Enter debits before credite. Allowance for Doubtful Accounts is a $13,000 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the u Allowance for Doubtful Accounts is a $2,000 debit. Journal entry worksheet Record estimated bad deths assuming that Allowance for Doubtful Accounts has a $2,000 debit balance. Note: Enter debito before credits