3 ! 2 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 $15,000. Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Expected Percent Receivable Age of Accounts Receivable Uncollectible $ 820,000 Not yet due 1.254 328,000 1 to 30 days past due 2.ee 65,600 31 to 60 days past due 6.50 32,800 61 to 90 days past due 32.75 13,120 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. ances 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 5 2. Prepare the adjusting entry to record bad debts expense at December 31. (Round percentage answers to nearest whole percent. Do not round intermediate calculations.) View transaction list Journal entry worksheet