$7$ Exercises & Problems i

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Required information

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On December $31,$ Jarden Company's Allowance for Doubtful Accounts has an unadjusted credit balance of $$16,000.$ Jarden prepares a schedule of its December $31$ accounts receivable by age.

$\backslash$table$[[\backslash$table$[[$Accounts$],[$Receivable$]],$Age of Accounts Receivable,$\backslash$table$[[$Expected Percent$],[$Uncollectible$]]],[$$$900,000,$Not yet due,$1\mathrm{.}30\%$