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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

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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 $14,500 Jarden prepares a schedule of its December 31 accounts receivable by age. Accounts Expected Percent Receivable Age of Accounts Receivable Uncollectible $ 900,000 Not yet due 1.25 360,000 1 to 30 days past due 2.00 72,000 31 to 60 days past due 6.50 36,000 61 to 90 days past due 32.75 14,100 Over 90 days past due 68.00 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts receivable, Accounts Porcent Estimated Receivable Uncollectible (0.00%) Uncollectible Not du 1 10 30 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles

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