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Required Information The following information applies to the questions displayed below) Jarden Company has credit sales of $2,900.000 for year 2017 On December 31, 2017,

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Required Information The following information applies to the questions displayed below) Jarden Company has credit sales of $2,900.000 for year 2017 On December 31, 2017, the company's Allowance for Doubtful Accounts has an unadjusted credit balance of $22,580, Jarden prepares a schedule of its December 31, 2017 accounts receivable by age. On the basis of past experience, it estimates the percent of receivables in each age category that will become uncollectible. This information is summarized here Accounts Receivable 55,00 212.00 46,400 21,200 4,640 Age of Accounts Receivable Not yet de 1 to days past due to e days past due 61 days past du Over to days put due Expected Prent Uncollectible 1.35 2.30 6.6 33.25 0.00 2. Prepare the adjusting entry to record bad debts expense at December 3L 2017 View transactions Journal entry worksheet Record the estimated bad debits. Dec 31 Med entry Clary View general

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