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plz help Required Information [The following information applies to the questions displayed below) wt2 of 2 Jarden Company has credit sales of $2,200,000 for year
plz help Required Information [The following information applies to the questions displayed below) wt2 of 2 Jarden Company has credit sales of $2,200,000 for year 2017 On December 31 2017, the company's Allowance for Doubtful Accounts has an unadjusted credit balance of $15,591. 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 December 31, 2017 Account Receivable 5440,000 126.000 Age or Accounts Receivable Not yet de ta 30 day past due 31 to ED GRye past Expected Percent Uncallatible 156 1.50 35,200 12600 61 to 90 day at OYE90 day past due 2. Prepare the adjusting entry to record bed debts expensest December 31 2017 transactions Journal entry worksheet Becord the estimated bad debt
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