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Required information [The following information applies to the questions displayed below) Jarden Company has credit sales of $2,700,000 for year 2018 On December 31, 2018,

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Required information [The following information applies to the questions displayed below) Jarden Company has credit sales of $2,700,000 for year 2018 On December 31, 2018, the company's Allowance for Doubtful Accounts has an unadjusted credit balance of $17042 Jarden prepares a schedule of its December 31, 2018 accounts receivable by age on the basis of past experience, it estimates the percent of receivables in each age category that will become uncollectible. This information is summarized here December 31, 2011 Age of Expected Percent Accounts Receivable Accounts Receivable Oncollectible $ 540.000 Not yet due 0.90% 216,000 1 to 30 days past due 1.65 43,200 31 to 60 days past due 5.15 21,500 61 to 90 days past due 31.10 4.320 Over de days past due 64.00 1. Estimate the required balance of the Allowance for Doubtful Accounts at December 31, 2018 using the aging of accounts receivable method Estimated Uncollectible Accounts Percent Receivable Uncollectible Not que 11030 31 100 x 61 to 10 Det 0 Estimated balance of wowance forces Required information (The following information applies to the questions displayed below] Jarden Company has credit sales of $2,700,000 for year 2018 On December 31, 2018, the company's Allowance for Doubtful Accounts has an unadjusted credit balance of $17042. Jarden prepares a schedule of its December 31, 2018 accounts receivable by age On the basis of past experience, it estimates the percent of receivables in each age category that will become uncollectible. This information is summarized here. December 31, 2018 Age of Expected Percent Accounts Receivable Accounts Receivable Uncollectible $ 540.000 Not yet due 0.00% 216.000 1 to 30 days past due 1.65 31 to 60 days past due 6.15 61 to 90 days past due 31.00 over 50 days past due 64.00 43,200 21.600 1. Estimate the required balance of the Allowance for Doubtful Accounts at December 31, 2018, using the aging of accounts receivable method Estimated Uncollectible Accounts Percent Recewable Uncollectible (8) Not du 110.00 510 011050 lover no Estimated tince we touches

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