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Part 2 of 3 0.5 points Required Information. Problem 7-3A (Static) Aging accounts receivable and accounting for bad debts LO P2, P3 [The following
Part 2 of 3 0.5 points Required Information. Problem 7-3A (Static) 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 $14,500 Jarden prepares a schedule of Its December 31 accounts receivable by age Accounts Receivable $ 830,000 Age of Accounts Receivable Not yet due Expected Percent Uncollectible eBook Print References 1.25% 254,000 1 to 30 days past due 2.00 86,000 31 to 60 days past due 6.50 38,000 61 to 90 days past due 32.75 12,000 Over 90 days past due 68.00 Problem 7-3A (Static) Part 2 2. Prepare the adjusting entry to record bad debts expense at December 31. View transaction list Journal entry worksheet < 1 Record the estimated bad debts. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal >
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