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

Required information [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 5 840,000 336,000 Age of Accounts Receivable Not yet due Expected Percent Uncollectible 1.25% 67,200 33,600 13,440 1 to 30 days past due 31 to 60 days past due 2.00 6.50 61 to 90 days past due Over 90 days past due 32.75 68.00 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts receivable. Not due: 1 to 30: 31 to 60: 61 to 90: Over 90: Accounts Receivable " Percent Uncollectible (#.##%) Estimated Uncollectible Estimated balance of allowance for uncollectibles =>

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