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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 Receivable $830,000 254,000 86,000 38,800 12,000 Expected Percent Age of Accounts Receivable Uncollectible Not yet due 1.25 1 to 30 days past due 2.00 31 to 60 days past due 6.50 61 to 90 days past due 32.75 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 Estimated Uncollectible Accounts Porcent Receivable Uncollectible (0) Not due 1 to 30 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles $

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