b

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 $14,000. Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Receivable $860,000 344,000 68,800 34,400 13,760 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 1.38% 2.05 6.55 33.00 69.80 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31, Accounts Receivable Percent Uncollectible (0%) Estimated Uncollectible Not due: 1 to 30: 31 to 60: 61 to 90: Over 90 Estimated balance of allowance for uncollectibles