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Required information Skip to question [ The following information applies to the questions displayed below. ] On December 3 1 , Jarden Company's Allowance for

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[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 Age of Accounts Receivable Expected Percent Uncollectible
$ 840,000 Not yet due 1.25%
336,0001 to 30 days past due 2.00
67,20031 to 60 days past due 6.50
33,60061 to 90 days past due 32.75
13,440 Over 90 days past due 68.00
Required:
1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts receivable.

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