7 Part of 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 $ 800,000 Not yet due 1.354 320,000 1 to 30 days past due 64,000 31 to 60 days past due 6.60 32.000 61 to 90 days past due 33.25 12,800 Over 90 days past due 69.00 02:52:40 2.10 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts receivable. Estimated Uncollectible Accounts Percent Receivable Uncollectible (8) Not due 1 to 30 31 to 60 61 1090 Over 90 Estimated balance of allowance for uncollectibles M 8 Part 3 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 Jorden prepares a schedule of its December 31 accounts receivable by age Accounts Expected Percent Receivable Age of Accounts Receivable Uncollectible $ 800,000 Not yet due 1.35 320,000 1 to 38 days past due 2.10 64,000 31 to 60 days past due 6.60 32,600 61 to 90 days past due 33.25 12,800 Over 90 days post due 69.00 02:52:20 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 et Journal entry worksheet 1 Record the estimated bad debes etter debts before create Dale General Jou Credit 9 Part 3 of 3 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 5 880,000 Not yet due 1.355 320,000 1 to 30 days past due 2.10 64,000 31 to 60 days past due 6.60 32,000 61 to 90 days past due 33.25 12,820 Over 90 days past due 69.00 8 02520 3. On June 30 of the next year, Jarden concludes that a customer's $5,750 receivable is uncollectible and the account is written off. Does this write-off directly affect Jarden's net income? Does this wride odrocoy affect Jarden's not income