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Required information [The following information applies to the questions disptayed below. On December 31, Jarden Company's Allowance for Doubtul Accounts has an unadjusted credit balance

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Required information [The following information applies to the questions disptayed below. On December 31, Jarden Company's Allowance for Doubtul Accounts has an unadjusted credit balance of $16,000. Jarden prepares a schedule of its December 31 accounts recelvable by age. 3. On June 30 of the next year, Jarden concludes that a customers $5.850 receivable is uncollectible and the accocint is written off. Does this write off directly affect Jarden's net income

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