Required information [The following information applles 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. equired: Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts recelvable. 2 Prepare the adjusting entry to record bad debts expense at December 31. Note: Round percentage answers to nearest whole percent. Do not round intermedlate calculations. Journal entry worksheet Note: Enter debits before credits. 3. On June 30 of the next year, Jarden concludes that a customer's $3,050 recelvable is uncollectible and the account is written off. Does this write-off directly affect Jarden's net Income