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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

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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 $14,500. Jarden prepares a schedule of its December 31 accounts receivable by age. ceounts receivable $800,000 320,000 64,000 32.000 12.800 Age of Expected Percent Accounts Receivable Uncollectible Not yet due 1.250 1 to 30 days pant due 2.00 31 to 60 days pant due 6.50 61 to 90 days past due 32.75 Over 90 days past due 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 Record the estimated bad debts. Note: Enter debits before credits Date General Journal Dec 31 Record entry Clear entry View general journal

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