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Required information Problem 9-3A (Algo) Aging accounts receivable and accounting for bed debts LO P2, P3 [The following information applies to the questions displayed below.]
Required information Problem 9-3A (Algo) Aging accounts receivable and accounting for bed 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 Expected Percent Receivable Age of Accounts Receivable Uncollectible $ 862,882 Not yet due 1.25% 344,00 1 to 30 days past due 2.ee 68,880 31 to 68 days past due 6.se 34,482 61 to 90 days past due 32.75 13,762 Over se days past due 68.ee Problem 9-3A (Algo) Part 3 3. On June 30 of the next year, Jarden concludes that a customer's $5,950 receivable is uncollectible and the account is written off Does this write-off directly affect Jarden's net Income? Does this write-off directly affect Jarden's net income
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