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. 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.) Note from Dr. Beck, you should be able to just use the final amount you generated in the orior question (assuming you completed it correctly) because you will be working with the same numbers (dollar amounts and percentages) Journal entry worksheet Note: Enter debits before credits