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0 Required information (The following information applies to the questions displayed below.) On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit

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0 Required information (The following information applies to the questions displayed below.) On December 31, Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $14,500. Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Expected Percent Receivable Age of Accounts Receivable Uncollectible $ 880,000 Not yet due 1.258 352,000 1 to 30 days past due 2.00 70,400 31 to 60 days past due 6.50 35,200 61 to 90 days past due 32.75 14,080 Over 90 days past due 68.00 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts receivable. Accounts Receivable Percent Uncollectible (#.##%) Estimated Uncollectible Not due: 1 to 30: 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles

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