Question: 3 Algorithmic Served Help Save & Exit Sut Check my wo Problem 9-3A Aging accounts receivable and accounting for bad debts LO P2, P3 [The

 3 Algorithmic Served Help Save & Exit Sut Check my wo
Problem 9-3A Aging accounts receivable and accounting for bad debts LO P2,

3 Algorithmic Served Help Save & Exit Sut Check my wo Problem 9-3A Aging accounts receivable and accounting for bad debts LO P2, P3 [The following information applies to the questions displayed below.) On December 31, Jarden Co'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 14,880 Age of Expected Percent Accounts Receivable Uncollectible Not yet due 1.204 1 to 30 days past due 1.95 31 to 60 days past due 6.45 61 to 90 days past due 32.50 Over 90 days past due 67.00 Problem 9-3A Part 1 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31. Accounts Receivable Percent Uncollectible (%) Estimated Uncollectible Not due: 1 to 30: 31 to 60 61 to 90 Over 90 Brev 2 of 2 !!! Next > Check my work Problem 9-3A Aging accounts receivable and accounting for bad debts LO P2, P3 (The following information applies to the questions displayed below) On December 31, Jarden Co.'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 S 880,000 352,800 70,400 35,200 14,080 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 Expected Percent Uncollectible 1.200 1.95 6.45 32.50 67.90 Problem 9-3A Part 2 . Prepare the adjusting entry to record bad debts expense at December 31. (Round percentage answers to nearest whole percent. Do not round Intermediate calculations.) View transaction line Journal entry worksheet 1 Record the estimater har Hehts

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