! Required information Problem 9-3A (Algo) 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 $15,000. Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Receivable $ 880,000 352,000 70,400 Age of Accounts Receivable Not yet due 1 to 30 days past due Expected Percent Uncollectible 1.35% 2.10 31 to 60 days past due 6.60 35,200 14,080 61 to 90 days past due Over 90 days past due 33.25 69.00 Problem 9-3A (Algo) Part 1 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts receivable. Percent Uncollectible (#.##%) Estimated Uncollectible Accounts Receivable Not due: 1 to 30: = 31 to 60: = 61 to 90:1 Over 90:1 = Estimated balance of allowance for uncollectibles