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Required information [The following information applies to the questions displayed below.) On December 31, Jarden Co's Allowance for Doubtful Accounts has an unadjusted credit balance

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Required information [The following information applies to the questions displayed below.) On December 31, Jarden Co'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. Age of Expected Percent Accounts Receivable Accounts Receivable Uncollectible $ 840, eee Not yet due 1.25% 336,000 1 to 30 days past due 2.00 67,200 31 to 60 days past due 6.50 33,600 61 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, Answer is not complete. Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31. Answer is not complete. Percent Accounts Uncollectible Estimated Receivable (#.##%) Uncollectible Not due: 840,000 1.25% 41,731 1 to 30: 336,000 2.00% 6,720 31 to 60 67,200 X 6.50% 4,368 61 to 90 33,600 X 32.75% 11,004 Over 90 13,440 68.00% 9,139 Estimated balance of allowance for uncollectibles $ 72,902 OO - Required information Journal entry worksheet

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