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Required information The following information applies to the questions displayed below) Datey Company prepared the following aging of receivables analysis at December 31 Accounts receivable Percent uncollectible 5 655.000 5613,000 31 1 to 30 $107.000 Days Past be 31 to $53,000 61 to 35 $ 35,000 95 Over 30 $47.000 123 a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 5% 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 $13.700 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 $2,700 debit. Complete this question by entering your answers in the tabs below. REGA Reqs and Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 5% of total accounts receivable to estimate uncollectibles, instead of the aging of receivables method. Estimated balance of allowance for uncollectibles Req B and C > Reg A Reg Band 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 $13,700 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 $2,700 debit. Show less View transaction fiat Journal entry worksheet 1 2 Record estimated bad debts assuming that allowance for Doubtful Accounts has a $13,700 credit balance Note Enterdits before credits Generou Date December Debit Credit

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