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 $16,500. Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Receivable $ 900,000 360,000 Age of Accounts Receivable Not yet due Expected Percent Uncollectible 1.25% 72,000 36,000 14,400. 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 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 list Journal entry worksheet