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 $15,500. Jarden prepares a schedule of its December 31 accounts receivable by age Ao ot Expected Porcent Rccounts Receivable Accounts Receivable Uncollectible $ 820.000 Not yet due 1.25 320.000 1 to 30 days past due 2.00 65,600 31 to 60 days patt du 6.50 32.800 61 to 90 days past due 33.75 13. 120 Over 90 days part de 68,00 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 Estimated Uncollectible Accounts Porcent Receivable Uncollectible (8%) Not due 1 to 30 31 to 60 61 to 90 X Over 90 Estimated balance of allowance for uncollectibles Imelonowing aromuoni appresto me quesuunis ursplayeu delow.) On December 31, Jarden Co.'s Allowance for Doubtful Accounts has an unadjusted credit E prepares a schedule of its December 31 accounts receivable by age. accounts Receivable $ 820,000 328,000 65.600 32.800 13, 120 Age of Accounts Receivable Not yet due 1 to 30 days past due 31 to 60 days past due 61 to 90 days past due Over 90 days past due Expected Percent Uncollectible 1. 25% 2.00 6.50 32.75 68.00 2. Prepare the adjusting entry to record bad debts expense at December 31. (Round percentage Do not round intermediate calculations.) View transaction list Journal entry worksheet Record the estimated bad debts. Note: Enter debits before credits Date General Journal Debit Credit Dec 31