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212 Required information [The following information applies to the questions displayed below.) On December 31. Jarden Co's Allowance for Doubtful Accounts has an unadjusted credit

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212 Required information [The following information applies to the questions displayed below.) On December 31. Jarden Co's Allowance for Doubtful Accounts has an unadjusted credit balance of $15,000. Jarden prepares a schedule of its December 31 accounts receivable by age. 1:22:20 Accounts Receivable $ 820,000 328,000 65,600 32,800 13, 120 Age of Accounts Receivable Not yet due 1 to 30 days past due 31 to 60 days past due 61 to 90 days past due Over 90 days past due Expected Percent Uncollectible 1.35 2.10 6.60 33.25 69.00 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 Estimated Uncollectible Accounts Percent Receivable Uncollectible (8.8%) Not due 1 o 30: X 31 to 60 X 61 to 90 x Over 90: Estimated balance of allowance for uncollectibles

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