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 Prepare the adjusting entry to record bad debts expense at December 31. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record the estimated bad debts. Note: Enter debits before credits