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Give me the correct Journal entry according to the info given & numbers. Thx! Required information The following information applies to the questions displayed below)
Give me the correct Journal entry according to the info given & numbers. Thx!
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 $16,500 Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Expected Percent Receivable Age of Accounts Receivable Uncollectible $ 340,000 Not yet due 1.28 336,000 1 to 30 days past due 1.95 67,200 31 to 60 days past due 6.45 33,600 61 to 9e days past due 32.50 13,440 Over 90 days past due 67.00 2. Prepare the adjusting entry to record bad debts expense at December 31. (Round percentage answers to nearest whole perce Do not round intermediate calculations.) View transaction list Journal entry worksheet Step by Step Solution
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