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help plz Required information Problem 9-3A (Algo) Aging accounts receivable and accounting for bad debts LO P2, P3 The following information applies to the questions
help plz
Required information Problem 9-3A (Algo) Aging accounts receivable and accounting for bad debts LO P2, P3 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 $14,000 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 1.300 320,000 1 to 30 days past due 2.05 64,000 31 to 6 days past due 6.55 32,000 61 to 90 days past due 33.00 12,800 Over 90 days past due 69.00 Problem 9-3A (Algo) Part 2 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.) Journal entry worksheet Record the estimated bad debts. Note: Enter debits before credits General Journal Debit Date December 31 Credit Record entry Clear entry View general journal Step by Step Solution
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