Required information [The following information applies to the questions displayed below.) art 1 of 3 On December 31, Jarden Co.'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. nts Age of Expected Percent Accounts Receivable Uncollectible Not yet due 1.30% 1 to 30 days past due 2.05 31 to 60 days past due 6.55 61 to 90 days past due 33.00 Over 90 days past due 69.00 Accounts Receivable $ 860,000 344,000 68,800 34,400 13,760 eBook Print eferences Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31. Estimated Uncollectible x x Percent Accounts Uncollectible Receivable (#.##% Not due: 1 to 30: 31 to 60: 61 to 90: Over 90: Estimated balance of allowance for uncollectibles x x x Required information [The following information applies to the questions displayed below.) Part 2 of 3 On December 31, Jarden Co.'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. oints Age of Expected Percent Accounts Receivable Uncollectible Not yet due 1.30% 1 to 30 days past due 2.05 31 to 60 days past due 6.55 61 to 90 days past due 33.00 Over 90 days past due 69.00 Accounts Receivable $ 860,000 344,000 68,800 34,400 13,760 eBook Print References 2. Prepare the adjusting entry to record bad debts expense at December 31. (Round percentage ans nearest whole percent. Do not round intermediate calculations.) View transaction list Journal entry worksheet Record the estimated bad debts. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 1 Record entry Clear entry View general journal Required information [The following information applies to the questions displayed below.) "art 3 of 3 On December 31, Jarden Co.'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. pints Age of Expected Percent Accounts Receivable Uncollectible Not yet due 1.30% 1 to 30 days past due 2.05 31 to 60 days past due 6.55 61 to 90 days past due 33.00 Over 90 days past due 69.00 Accounts Receivable $ 860,000 344,000 68,800 34,400 13,760 eBook Print References 3. On June 30 of the next year, Jarden concludes that a customer's $4,900 receivable is uncollectible and the account is written off. Does this write off directly affect Jarden's net income? Affects Jarden's net income