The document provides instructions to complete three parts: A, B, and C. It asks the reader to estimate bad debts using a 5% estimate of total accounts receivable, instead of an aging method. It also provides two adjusting entries, one with the Allowance for Doubtful Accounts having a $13,400 credit balance, and another with a $2,400 debit balance. The reader is asked to enter the answers in separate tabs.

1. Please fill out A, B, and C
Required information [The following information applies to the questions displayed below.]
Daley Company prepared the following aging of receivables analysis at December 31. . 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. .
Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume
the unadjusted balance in th Allowance for Doubtful Accounts is a $13,400 credit. : Prepare the
adjusting entry to record bad debts expense using the estimate from part a. Assume the
unadjusted balance in th Allowance for Doubtful Accounts is a $2,400 debit. Complete this
question by entering your answers in the tabs below. 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.
Complete this question by entering your answers in the tabs below. 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 $13,400 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 $2,400 debit. Journal entry worksheet Record estimated bad debts
assuming that Allowance for Doubtful Accounts has a $13,400 credit balance. Note: Enter debits
before credits.