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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

image text in transcribed 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 $16,000. Jarden prepares a schedule of Its December 31 accounts recelvable by age. On June 30 of the next year, Jarden concludes that a customer's $3,400 recelvable is uncollectible and the account is written off. oes this write-off directly affect Jarden's net Income

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