Question: Saved Help Sub Save & Exit m ! Required information (The following information applies to the questions displayed below.) On December 31, Jarden Co.'s Allowance
Saved Help Sub Save & Exit m ! Required information (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 $ 840,000 336,eee 67,200 33,600 13,440 Age of Accou 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 Uncolle ible 1.20% 1.95 6.45 32.50 67.00 Required: 1. Compute the required balance of the Allowance for Doubtful Accounts at December 31 Accounts Receivable Percent Uncollectible (#.##%) Estimated Uncollectible X Not due: 1 to 30 31 to 60 61 to 90: HIT Over 90: III Estimated balance of allowance for uncollectibles $ 0 here to search o
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