Jarden Company has credit sales of $2,700,000 for year 2017. On December 31, 2017, the company's Allowance for Doubtful Accounts has an unadjusted credit balance of $18,942. Jarden prepares a schedule of its December 31, 2017, accounts receivable by age. On the basis of past experience, it estimates the percent of receivables in each age category that will become uncollectible. This information is summarized here Age of Expected Percent Uncollectible 1 . 10% December 31, 2017 Accounts Receivable 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 540,000 216,000 43,200 21,600 1.85 6.35 32.00 66.00 4,320 1. Estimate the required balance of the Allowance for Doubtful Accounts at December 31, 2017, using the aging of accounts receivable method. Percent uncollectible (#.##%) Accounts Receivable Estimated Uncollectible | Not due: 1 to 30: 31 to 60: 61 to 90: Over 90: Estimated balance of allowance for uncollectibles Record the estimated bad debts Note: Enter debits before credits. Debit General Journal Credit Date Dec 31