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Required information The following information applies to the questions displayed below! Jasper 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 $17,638, Jasper 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. December 1, 2017 countancavable $ 540,000 216,000 43,200 21,600 4,320 Age of accounts Receivable Not yet due I to 30 days past due 31 to 60 days past due 61 to 90 days past due Over 90 day. pant due Expected Percent Uncollectible 0.958 1.70 6.20 31.25 65.00 Accreditace of by On me af past experience estimates the perce than Thinformation summarised here dye post de 31 days past du day past due Over 90 days past de 1.70 6.20 31.25 65.00 1. 2. Prepare the adjusting entry to record bad debts expense at December 31, 2017 View alanbry worksheet Debit Credit No + Dec 31 General Journal Bad debts expense Allowance for doubtful accounts