Daley Company prepared the following aging of recelvables analysis at December 31. Exercise 7-14 (Algo)...
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Accounting
Daley Company prepared the following aging of recelvables analysis at December 31. Exercise 7-14 (Algo) Aging of receivables method LO P3 a. Complete the table beiow to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts recelvable. 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. Complete this question by entering your answers in the tabs below. Complete the table below to calculate the estimated balance of Alowance for Doubtful Accounts using aging of accounts receivable

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