Question: Prepare the adjusting entry to record bad debts expense at December 31 Required information {The following infomaon applies to the questions displayed below} On December
Prepare the adjusting entry to record bad debts expense at December 31

Required information {The following infomaon applies to the questions displayed below} On December 31, Jarden Co.'s Allowance for Doubtful Accounts has an unadjusted credit balance of $15,000. Jarden prepares a schedule of its December 31 accounts receivable by age. Age of Expected Percent Accounts Receivable Accounts Receivable uncallectible 5 H2G,DDD Not yet due 1.15% 328,000 1 to 3|] days past due 1.90 65,600 31 to 60 days past due 5.40 32,300 61 to 90 days past due 32.25 13,120 0133:: 9|] days past due 67.00 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.)
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