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Part 1 of 3 Required information [The following information applies to the questions displayed below.] On December 31, Jarden Co.'s Allowance for Doubtful Accounts has
Part 1 of 3 Required information [The following information applies to the questions displayed below.] On December 31, Jarden Co.'s Allowance for Doubtful Accounts has an unadjusted prepares a schedule of its December 31 accounts receivable by age. 5 points Accounts Receivable $ 860,000 344,000 68,800 34,400 13,760 eBook 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 1.25% 2.00 6.50 32.75 68.00 Print References Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 Accounts Receivable Percent Uncollectible (#.##%) Estimated Uncollectible x Not due 1 to 30: 11 31 to 60 =
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