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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
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 Receivable $ 820,000 328,000 65,600 32,800 13,120 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 1.35% 2.10 6169 B3|25 69100 1 Record the estimated bad debts. :16 Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal
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