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[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 $16,500.

image text in transcribed [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 \$16,500. Jarden prepares a schedule of its December 31 accounts receivable by age. On June 30 of the next year, Jarden concludes that a customer's $5,300 receivable is uncollectible and the account is written off. Des this write-off directly affect Jarden's net income

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