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 $ 880,000 Not yet due 1.289 352,000 1 to 30 days past due 1.95 70,400 31 to 60 days past due 6.45 35,200 61 to 90 days past due 32.50 14,080 Over 90 days past due 67.00 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 Estimated Uncollectible Accounts Percent Receivable Uncollectible (...) Not due 1 to 30 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles $ 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 $ 880,000 Not yet due 1.200 352,000 1 to 30 days past due 1.95 70,400 31 to 60 days past due 6.45 35,200 61 to 90 days past due 32.50 14,080 Over 90 days past due 67.00 2. Prepare the adjusting entry to record bad debts expense at December 31, (Round percentage answers to nearest whole percent Do not round Intermediate calculations.) View transaction lit Journal entry worksheet 1 Record the estimated bad debts. Journal entry worksheet