Required information The following information applies to

Last updated: 9/18/2023

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 16 500 Jarden prepares a schedule of its December 31 accounts receivable by age Accounts Receivable 880 000 352 000 70 400 35 200 14 080 Not due 1 to 30 31 to 60 61 to 90 Age of Accounts Receivable Not yet due 1 to 30 days past due 31 to 60 days past due 61 to 90 days past due Over 90 days past due Required 1 Compute the required balance of the Allowance for Doubtful Accounts at December 31 using an aging of accounts receivable Accounts Receivable x X X X x Percent Uncollectible Expected Percent Uncollectible 1 25 2 00 6 50 32 75 68 00 Estimated Uncollectible