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Jarden Company has credit sales of $3,60C Jor year 2017. On December 31, 2017, the company's Allowance for Doubtful Accounts has an unadjusted credit balance

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Jarden Company has credit sales of $3,60C Jor year 2017. On December 31, 2017, the company's Allowance for Doubtful Accounts has an unadjusted credit balance of $14,500. 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. 2. Prepare the adjusting entry to record bad debts expense at December 31, 2017. Journal entry worksheet Note: Enter debits before credits

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