Need Part 2

2. Prepare the adjusting entry to record bad debts expense at December 31.

Note: Round percentage answers to nearest whole percent. Do not round intermediate calculations.

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	Age of Accounts Receivable	Expected Percent Uncollectible
$ 840,000	Not yet due	1.30%
336,000	1 to 30 days past due	2.05
67,200	31 to 60 days past due	6.55
33,600	61 to 90 days past due	33.00
13,440	Over 90 days past due	69.00