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Daley Company prepared the following aging of receivables analysis at December 31. Exercise...

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Accounting

Daley Company prepared the following aging of receivables analysis at December 31.
Exercise 9-14(Static) Aging of recelvables method LO P3
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 a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $3,600 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 $100 debit.
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